A researcher has sampled 25 individuals and recorded the following data for this group of people: body fat (in pounds) and thigh circumference (in inches). A regression model has been developed using statistical software (see output below).
Number of obs = 25
R-squared = 0.8010
Adj R-squared = 0.7083
Root MSE = 2.5102
95% Conf. Interval
Bodyfat Coef
Std. Error
P > It1
[0.6254123, 1.087681]
Thigh 0.9455466 0.0100156 4.79 0.000
[-35.52027, -11.7487]
Intercept -20.334494 4.257414 -3.18 0.001
Interpret the value of the coefficient of determination (r).