Asked by
Danielle Baxter
on Nov 17, 2024Verified
As the value of the coefficient of determination increases, the
A) absolute value of the regression equation's slope decreases.
B) total number of degrees of freedom increases.
C) goodness of fit for the estimated regression equation increases.
D) value of the correlation coefficient decreases.
Coefficient Of Determination
A statistical measure, denoted as R², that represents the proportion of the variance for a dependent variable that's explained by an independent variable(s) in a regression model.
- Master the foundational understanding and numerical determination of the coefficient of determination in regression analysis.
Verified Answer
PV
Learning Objectives
- Master the foundational understanding and numerical determination of the coefficient of determination in regression analysis.