In Regression Analysis,the Coefficient of Determination R² Measures the Amount

question 300

Multiple Choice

In regression analysis,the coefficient of determination R² measures the amount of variation in y that is:

• A)caused by the variation in x.
• B)explained by the variation in x.
• C)unexplained by the variation in x.
• D)None of these choices.

---

Definitions:

Population

The total number of inhabitants of a particular town, area, or country.

Annual Growth

The yearly percentage increase in the size or value of an economic variable, such as gross domestic product or a company's revenue.

Redemption Value

The amount due to an investor once a bond or other debt instrument reaches its maturity date.

CSB

Canadian Savings Bonds, a secure savings product issued and guaranteed by the Government of Canada.