Solved

The Coefficient of Determination R2 Represents the Proportion of the Total

Question 27

True/False

The coefficient of determination R2 represents the proportion of the total variability in y that can be explained by the regression of y on x. When transformed to a percentage, it represents the percentage reduction in the sum of the squares of the error that can be accomplished by using the model to predict the dependent variable as opposed to just using the sample mean of the dependent variable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions