RESEARCH METHODOLOGY

STATISTICAL TECHNIQUES AND TOOLS

MULTIPLE REGRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
R-square is a mathematical notation for
A
Spearman’s Co-efficient of Rank Correlation
B
Pearson’s Co-efficient of Correlation
C
The Co-efficient of Determination
D
The Co-efficient of Variation
Explanation: 

Detailed explanation-1: -The coefficient of determination or R squared method is the proportion of the variance in the dependent variable that is predicted from the independent variable. It indicates the level of variation in the given data set. The coefficient of determination is the square of the correlation(r), thus it ranges from 0 to 1.

Detailed explanation-2: -In linear regression, r-squared (also called the coefficient of determination) is the proportion of variation in the response variable that is explained by the explanatory variable in the model.

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