In Regression Analysis, If R² = 1, Then

question 29

Multiple Choice

In regression analysis, if r² = 1, then

• A)SSE = SST
• B)SSR = SST
• C)SSR = SSE
• D)SSE = 1
• E)none of the above

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Definitions:

Biodegradable Plastic

A type of plastic that decomposes naturally by the action of living organisms, such as bacteria, making it environmentally friendly.

Agricultural Produce

Products that are grown and harvested from farming activities, including crops, fruits, vegetables, and livestock products.

Yield to Maturity

The total expected return on a bond if it is held until the date it matures, accounting for its current market price, par value, coupon interest rate, and time to maturity.

Interest Rates

The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.