In a Regression Analysis, If SSE = 200 and SSR

question 95

Multiple Choice

In a regression analysis, if SSE = 200 and SSR = 400, then the coefficient of determination is

• A) .67.
• B) .50.
• C) .40.
• D) .20.

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Definitions:

Policymakers

Individuals or groups responsible for making decisions and establishing regulations that guide the economic, social, and political governance of a society.

Marginal Benefit

The plus in satisfaction or usefulness someone gets by consuming an extra unit of a given product or service.

Socially Optimal

A situation in economics where resources are allocated in the most efficient way from a societal perspective.

Pigouvian Tax

A tax imposed on activities that generate negative externalities, intended to correct an undesirable or inefficient market outcome by being equal in value to the externality.