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    Managerial Economics Study Set 4
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    Exam 5: Demand Estimation and Forecasting Appendices 5A and 5B
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    R<sup>2</sup> Is a Statistical Measure Which
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R2 Is a Statistical Measure Which

Question 45

Question 45

Multiple Choice

R2 is a statistical measure which


A) determines how important one variable is in explaining the value of another variable.
B) tests the true value of a variable.
C) determines how well an equation can estimate the relationship between one variable and a set of other variables.
D) All of the above

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