STATISTICAL TECHNIQUES AND TOOLS
CORRELATION COEFFICIENT COEFFICIENT OF DETERMINATION
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
In regression analysis, R2 is also called the
|
|
residual
|
|
|
coefficient of correlation
|
|
|
coefficient of determination
|
|
|
standard error of the estimate
|
Explanation:
Detailed explanation-1: -R-Squared (R² or the coefficient of determination) is a statistical measure in a regression model that determines the proportion of variance in the dependent variable that can be explained by the independent variable. In other words, r-squared shows how well the data fit the regression model (the goodness of fit).
There is 1 question to complete.