STATISTICAL TECHNIQUES AND TOOLS
MULTIPLE REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The percent of total variation of the dependent variable Y explained by the set of independent variables X is measured by
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Coefficient of Correlation
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Coefficient of Skewness
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Coefficient of Determination
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Standard Error of Estimate
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Explanation:
Detailed explanation-1: -Essentially, an R-squared value of 0.9 would indicate that 90% of the variance of the dependent variable being studied is explained by the variance of the independent variable.
Detailed explanation-2: -Answer and Explanation: Coefficient of determination: It represents the proportion of the variation that can be explained in the dependent variable using the independent variable.
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