In a Regression Analysis, If R² = 1, Then _____

question 46

Multiple Choice

In a regression analysis, if r² = 1, then _____.

• A) SSE must also be equal to 1
• B) SSE must be equal to 0
• C) SSE can be any positive value
• D) SSE must be negative

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Definitions:

Total Profit

The total income a business earns after subtracting all expenses and costs associated with its operations.

Marginal Benefit

The added value or enjoyment a consumer gets from using an additional unit of a product or service.

Gadgets Consumption

Refers to the purchase and use of technologically advanced or innovative electronic devices by consumers.

Expected Exam Scores

Expected Exam Scores refer to the anticipated performance or outcomes on academic assessments, often based on current knowledge, study habits, and historical performance.