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The Coefficient of Determination Cannot Be Negative

question 97

True/False

The coefficient of determination cannot be negative.


Definitions:

Revenue Account

An accounting ledger that records the income generated from sales of goods or services.

Profit Margin

A financial metric that indicates the percentage of revenue that exceeds the cost of goods sold.

Net Sales

The total revenue from sales minus any deductions for returned goods, allowances, and discounts.

Net Income

The remaining earnings of a company after deducting all expenses and taxes from the gross revenues.

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