Coefficient of Determination from SSE and SST
In a linear regression model for sales (y, in tens of thousands of dollars) based on advertising expenditure (x, in thousands of dollars), the regression equation is . Given a sum of squared errors (SSE) of 45 and a total sum of squares (SST) of 180, what percentage of the variation in sales is explained by the linear relationship with advertising expenditure?
A
45%
B
180%
C
75%
D
25%
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