In a Regression Analysis, If SST = 500 and SSE

question 101

Multiple Choice

In a regression analysis, if SST = 500 and SSE = 300, then the coefficient of determination is

• A) .20.
• B) .67.
• C) .60.
• D) .40.

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Definitions:

Inventory

Materials and products that a business keeps for the ultimate goal of resale or processing.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment relative to the amount of money invested.

Investment Opportunity

A potential situation where an individual or organization can invest capital with the expectation of achieving a return.

Profit Center

A business unit or division that is responsible for generating its own revenue and profit, with its financial performance being tracked separately.