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    Statistics
  3. Study Set
    Basic Business Statistics
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    Exam 15: Multiple Regression Model Building
  5. Question
    A High Value of R² Significantly Above 0 in Multiple
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A High Value of R² Significantly Above 0 in Multiple

Question 53

Question 53

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A high value of R² significantly above 0 in multiple regression accompanied by insignificant t-values on all parameter estimates very often indicates a high correlation between independent variables in the model.

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