R-Square Will Always Lie Between Negative One and Positive One

question 19

True/False

R-square will always lie between negative one and positive one.

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Definitions:

Minimum Wages

The lowest legal salary per hour, day, or month that employers are allowed to pay their employees.

Unemployment

The situation of being without a job, while actively looking for one.

Unemployment Insurance

A social welfare program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.

Minimum-Wage Law

Legislation that establishes the minimum amount per hour that employers must pay their employees.