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CFA Level 1 Exam
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CFA Level 1 Exam
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Question No. 1
What can we say if the coefficient of determination is 0.94?
Choose the correct option from the given list.
Direction of relationship is positive
94% of total variation in one variable is explained by variation in another variable
All of these answers are correct
Strength of relationship is 0.94
None of these answers is correct
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