Larger Values of R² Imply That the Observations Are More

question 109

Multiple Choice

Larger values of r² imply that the observations are more closely grouped about the

• A) average value of the independent variables.
• B) average value of the dependent variable.
• C) least squares line.
• D) origin.

---

Definitions:

Social Responsibility

The obligation of individuals, organizations, and businesses to act for the benefit of society at large, often emphasizing sustainability and ethical practices.

Philanthropic

Relating to the act of giving money, goods, time, or effort to support a charitable cause, often with no financial benefit to the giver.

Financial Donation

A gift or contribution of money made to a charitable organization or cause.

Earned Income

Income generated from business activities or services provided, distinguishing it from investment or donated income.