Which of the Follow Statements Is True About a Regression's

question 38

Multiple Choice

Which of the follow statements is true about a regression's r²?

• A)The greater the r² the greater the relationship between the independent and dependant variable.
• B)An r² that is greater than 1 means that there is more than a 100 percent relationship between the independent and dependant variable.
• C)When a r² has a negative value the independent variable is inversely related to the dependent variable.
• D)When a r² is less than 1 the greater the inverse relationship between the independent and dependant variables.

---

Definitions:

Cost Of Goods Sold

Costs incurred from the direct production of goods that a firm sells, consisting of both material and labor.

Income Before Income Taxes

Income before income taxes is a financial measure indicating the profitability of a company before accounting for its income tax expenses.

Partial Income Statement

A financial statement showing the revenues, expenses, and net income over a specific period, but not presenting the complete financial picture as a comprehensive income statement would.

Discontinued Operation Loss

A loss recognized when a segment of a business is closed or disposed of, and its operations will not continue.