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A multiple regression model is assessed to be good if the error sum of squares SSE and the standard error of estimate s e are both small, the coefficient of determination R 2 is close to 1, and the value of the test statistic F is large.
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An institution of higher education offering undergraduate degrees and, in some cases, master's or doctoral degrees.
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An academic discipline focusing on the study of business principles and practices, including marketing, finance, and management.
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An individual skilled in generating innovative and effective solutions to complex problems by thinking outside the box.
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