Which statement is a valid statistical interpretation of the total variation accounted for in this model is 66.3?
1) The model explains 66.3% of the total variation in the data.
2) The model accounts for 66.3% of the total variation in the data.
3) The model predicts 66.3% of the total variation in the data.
4) The model measures 66.3% of the total variation in the data.