Answer:
0.451751 is the proportion of variability of Gini Coefficient explained by our least squares lines
Step-by-step explanation:
Given
[tex]R\ squared = 0.451751[/tex]
To predict: Gini by year
Required
Interpret the R squared
In statistics, r squared measures the extent to which the variance of one variable explains the variance of the other variable.
In this question, the variable to predict is Gini:
From the list of options, (c) is correct