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____ Is a Measure of the Percent of Variation in the Dependent

Question 7

Multiple Choice

____ is a measure of the percent of variation in the dependent variable (such as total cost) that is explained by variations in the independent variable (such as total shipments) when the least-squares estimation equation is used.


A) The constant
B) The standard error of Y estimate
C) The coefficient of determination
D) The standard error of X estimate

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