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Why Is R2 a Commonly Used and Perhaps Better Measure

question 5

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Why is R2 a commonly used and perhaps better measure of how well a regression model fit the data than the residual sum of squares (RSS) ?


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The price one must pay to acquire a good or service.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision.

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A ground meat patty, often beef, served between two slices of bread or a bun, commonly accompanied by condiments and toppings.

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