What Does R2,the Coefficient of Determination,measure

question 17

Multiple Choice

What does R2,the coefficient of determination,measure?

• A)the probability of the true value falling within the forecast interval
• B)the p-value on the coefficient we are using to test our hypothesis of interest
• C)the confidence interval of the error terms as determined by the coefficients
• D)the proportion of the variation in y explained by x within the regression model

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