Given That the Sum of Squares for Error Is 50

question 10

Multiple Choice

Given that the sum of squares for error is 50 and the sum of squares for regression is 140, the coefficient of determination is:

• A)0.736.
• B)0.357.
• C)0.263.
• D)2.800.

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Definitions:

Normal Balance

The side (debit or credit) of an account that is expected to have a higher balance, according to the rules of double-entry accounting.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.

Credit

An arrangement whereby goods, services, or money is received in exchange for a promise to pay back a definite sum of money at a future date.

Supplies

Items used in the operations of a business, often consumable, such as office supplies or factory supplies, not directly part of the finished product.