Multiple Choice
In regression,what does it mean when the R² = 1?
A) All of the variation in market pay can be explained by the company's job structure.
B) None of the variation in market pay can be explained by the company's job structure.
C) All of the variation in market pay can be explained by the company's external pay rates.
D) All of the variation in market pay can be explained by the benchmark rates.
Correct Answer:
Verified
Correct Answer:
Verified
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