Answer:
36% of the variability in electric bills can be explained by the age of home
Step-by-step explanation:
Given:
The coefficient of determination measures the proportion of variation in the dependent variable that is predictable from the independent variable.
The coefficient of determination is equal to
;
In this situation we have the correlation = 0.6 , hence our coefficient is
or 0.36. Therefore, 36% of the variability in electric bills can be explained by the age of home