In Regression Analysis,if the Coefficient of Determination Is 1

question 272

Multiple Choice

In regression analysis,if the coefficient of determination is 1.0,then:

• A)the sum of squares for error must be 1.0
• B)the sum of squares for regression must be 1.0
• C)the sum of squares for error must be 0.0
• D)the sum of squares for regression must be 0.0

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Definitions:

Amortize

The method of distributing a loan into a sequence of set payments across a duration, encompassing both the principal amount and interest.

End-of-Year Payments

Financial disbursements made at the conclusion of a calendar or fiscal year, often related to dividends, bonuses, or debt settlements.

Annual Interest Rate

The percentage increase in money owed or invested over a year, due to interest.

Amortize

The process of gradually paying off a debt or spreading the cost of an intangible asset over its useful life for accounting and tax purposes.