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Commerce · Q456

Costing

Graduate and Post Graduate · Commerce · question 456

Q456

If an unexplained variation is 456870 and total variation is 955000, then coefficient of determination will be

A.
0.4528
B.
0.4783
Answer
C.
0.5216
D.
0.5425

Answer: Option B

Solution

Answer: Option B
Solution:
Coefficient of determination = Unexplained variation ÷ Total variation
= 456870 ÷ 955000 = 0.4783