If None of the Data Points for a Multiple Regression

question 48

Multiple Choice

If none of the data points for a multiple regression model with two independent variables were on the regression plane, then the coefficient of determination would be:

• A)-1.0.
• B)1.0.
• C)any number between -1 and 1, inclusive.
• D)any number greater than or equal to zero but smaller than 1.

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Definitions:

Goods

Physical items that are produced or purchased for sale by a business.

Deferred Expenses

Costs that have been incurred but not yet expensed in the income statement because they will benefit more than one accounting period.

Initial Cash Flow

The initial movement of money for an investment or project, often an outlay, which is considered when evaluating the potential financial returns.