Multiple Choice
Exhibit 14-6.A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates .The following table summarizes a portion of the regression results:
Refer to Exhibit 14-6.The coefficient of determination indicates that
A) 18.39% of the variation in Salary is explained by the variation in Service.
B) 18.39% of the variation in Service is explained by the variation in Salary.
C) 81.61% of the variation in Salary is explained by the variation in Service.
D) 81.61% of the variation in Service is explained by the variation in Salary.
Correct Answer:

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Correct Answer:
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