Consider the following correlations: -0.9, -0.5, -0.3, 0, 0.3, 0.5 and 0.9 Based on your calculations, determine which of the following statements is correct:

A. The fraction of variation explained depends not only on the magnitude (absolute value) of the correlation , but also on its sign.
B. The fraction of explained variation drops drastically as moves away from 1 towards 0.
C. The fraction of explained variation does not depend on the correlation .
D. The fraction of explained variation can be positive, negative, or 0.

Question

Consider the following correlations: -0.9, -0.5, -0.3, 0, 0.3, 0.5 and 0.9  Based on your calculations, determine which of the following statements is correct:

A.	The fraction of variation explained depends not only on the magnitude (absolute value) of the correlation , but also on its sign.
B.	The fraction of explained variation drops drastically as  moves away from 1 towards 0.
C.	The fraction of explained variation does not depend on the correlation .
D.	The fraction of explained variation can be positive, negative, or 0.