- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 10. Simple Linear Regression
- Subject 3. Analysis of Variance
CFA Practice Question
If the correlation between age of an auto and money spent for repairs is +.90
A. 81% of the variation in the money spent for repairs is explained by the age of the auto
B. 81% of money spent for repairs is unexplained by the age of the auto
C. 90% of the money spent for repairs is explained by the age of the auto
User Contributed Comments 4
| User | Comment |
|---|---|
| jpducros | Explanation ? |
| DaniD13 | 0.9^2 |
| SMcalister | but why not C? |
| bsferas | R2 = r2 |