The complete statement is: the value of r2 = 96.80% tells us that about 97% of the variation in the cost of the shuttle bus is accounted for by the linear relationship created with the distance of the shuttle bus.
How to identify and interpret r^2
From the table, we have the following parameter;
R-Sq = 96.80%
The above value represents the coefficient of determination, r^2.
So, we have:
r^2 = 96.80%
Approximate
r^2 = about 97%
From the question, the dependent variable (y) is cost, while the independent variable (x) is distance.
Since the coefficient of determination (r^2) measures the variation between the dependent and the independent variables, the blanks would be completed with 96.80%, 97%, cost and distance, in that order
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