Multiple Choice
What does a coefficient of determination of 0.91 indicate?
A) Ninety-one percent of the variables move together in the same direction and have a strong relationship.
B) The parameter is 91 percent significant.
C) The model is significant 91 percent of the time.
D) The independent variable explains 91 percent of the cost.
Correct Answer:
Verified
Correct Answer:
Verified
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