The value of $r^2$ for a relationship between distance (in miles) and the cost (in dollars) of a shuttle bus from a hotel to an airport is calculated using computer software. Identify and interpret the value of $r^2$ by completing the sentence.
PredictorCoef SE Coef T P
Constant6.384 0.934 6.84 0.000
Number of Miles2.491 0.185 13.47 0.000
$S =1.9818$\multicolumn{2}{|l|}{$R - Sq =96.80 \%$} \multicolumn{2}{|l|}{R-Sq(adj) = 96.278}
The value of $r^2=$ □ tells us that about □ of the variation in the □ of a shuttle bus is accounted for by the linear relationship created with the □ of the shuttle bus.
Predictor | Coef | SE Coef | T | P |
Constant | 6.384 | 0.934 | 6.84 | 0.000 |
Number of Miles | 2.491 | 0.185 | 13.47 | 0.000 |
$S =1.9818$ | \multicolumn{2}{|l|}{$R - Sq =96.80 \%$} | \multicolumn{2}{|l|}{R-Sq(adj) = 96.278} | ||