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    Statistics for Business and Economics Study Set 3
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    Exam 14: Simple Linear Regression
  5. Question
    Larger Values of R<sup>2</sup> Imply That the Observations Are More
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Larger Values of R2 Imply That the Observations Are More

Question 109

Question 109

Multiple Choice

Larger values of r2 imply that the observations are more closely grouped about the


A) average value of the independent variables.
B) average value of the dependent variable.
C) least squares line.
D) origin.

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