Multiple Choice
If computing a causal linear regression model of Y = a + bX and the resultant r2 is very near zero, then one would be able to conclude that
A) Y = a + bX is a good forecasting method.
B) Y = a + bX is not a good forecasting method.
C) a multiple linear regression model is a good forecasting method for the data.
D) a multiple linear regression model is not a good forecasting method for the data.
Correct Answer:

Verified
Correct Answer:
Verified
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