An R-Square of .80 Means That

question 18

Multiple Choice

An R-square of .80 means that

• A)a set of variables has a high correlation with the dependent variable
• B)the original bivariate correlation,when controlled for multiple variables,has a high correlation with the dependent variable
• C)the original bivariate correlation has an R-square of .20 (1.0 minus .80)
• D)a and b above

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Definitions:

Purchase Price

The amount of money paid by a buyer to acquire a product or service.

Net Value

The remaining value of an asset after deducting costs or liabilities associated with it.

Tangible Assets

Physical assets that can be touched or seen, such as machinery, buildings, vehicles, and inventory, which have a value and are owned by a business.

Escrow Settlement

A financial arrangement where a third party temporarily holds and regulates payment of the funds required for two parties involved in a given transaction.