Disk drives have been getting larger. Their capacity is now often given in terabytes (TB) where 1 TBequals1000 gigabytes, or about a trillion bytes. A survey of prices for external disk drives found the data shown to the right. Find and interpret value of Rsquared.

Capacity (in TB) 0.080 0.130 0.280 0.490 2.0 3.0 4.0

Price (in $) 28.00 41.45 50.00 74.99 215.79 366.99 393.00

What is the value of Upper R squared?

What is the interpretation of Upper R squared? The value of Upper R squared equals indicates the percentage of the variability in the price of these disk drives that can be explained by the variability in the capacity of the drives. (Round to two decimal places as needed.)