In a Regression and Correlation Analysis, If R² = 1

question 36

Multiple Choice

In a regression and correlation analysis, if r² = 1, then

• A) SSE must also be equal to one.
• B) SSE must be equal to zero.
• C) SSE can be any positive value.
• D) SSE must be negative.

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Domestic Price

The price of goods or services within a country's borders.

Oil Barrels

A standard unit of measure for crude oil and other petroleum products, equivalent to 42 U.S. gallons.

Foreign Competition

The presence and influence of international companies in a domestic market, which can affect local businesses.

Foreign Wages

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