Mathematics, 07.04.2020 20:06 mrfloyd1250

Which of the following is true of R 2? a. A low R2 indicates that the Ordinary Least Squares line fits the data well. b. R2 shows what percentage of the total variation in the dependent variable, Y, is explained by the explanatory variables. c. R2 is also called the standard error of regression. d. R2 usually decreases with an increase in the number of independent variables in a regression.

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Which of the following is true of R 2? a. A low R2 indicates that the Ordinary Least Squares line fi...