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If an unexplained variation is 456870 and total variation is 955000...

This question belongs to Commerce Costing
Costing
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If an unexplained variation is 456870 and total variation is 955000, then coefficient of determination will be

Answer & Solution
Correct Answer: Option B
Coefficient of determination = Unexplained variation ÷ Total variation
= 456870 ÷ 955000 = 0.4783
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