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    Business Statistics Study Set 1
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    Exam 14: Introduction to Linear Regression and Correlation Analysis
  5. Question
    A High Coefficient of Determination (R2) Implies That the Regression
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A High Coefficient of Determination (R2) Implies That the Regression

Question 107

Question 107

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A high coefficient of determination (R2) implies that the regression model will be a good predictor for future values of the dependent variable given the value of the independent variable.

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