In Simple Linear Regression Analysis, If the Residual Sum of Squares

question 17

Multiple Choice

In simple linear regression analysis, if the residual sum of squares is zero, then the coefficient of determination $r ^ { 2 }$ must be

• A) -1
• B) 0
• C) between -1 and zero
• D) 1
• E) between -1 and 1

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Definitions:

Decision Trees

A graphical representation of possible solutions to a decision based on various conditions, often used in strategic planning and decision making.

Expected Monetary Values

A statistical concept used in decision making under uncertainty, calculating the weighted average of all possible outcomes, considering their probabilities and monetary impacts.

Sequence of Decisions

A series of choices made over time, where each choice might be influenced by past decisions, expected to lead to a desired outcome.

Decision Tree

is a graphical tool used in decision-making, which represents different choices and their possible outcomes, including chance event outcomes, resource costs, and utility.