Multiple Choice
What is the coefficient of determination?
A) It is a measure of the variability of actual costs around the cost-estimating equation.
B) It is used to construct probability intervals for cost estimates.
C) It is a standardized measure of the degree to which two variables move together.
D) It is a measure of the percentage variation in the dependent variable that is explained by the cost estimating equation.
Correct Answer:
Verified
Correct Answer:
Verified
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