Which of the Following Statements Is True About the Coefficient

question 2

Multiple Choice

Which of the following statements is true about the coefficient of determination (R²) ?

• A)The higher the value of R²,the more confidence we have that the estimate is accurate.
• B)The lower the value of R²,the more confidence we have that the estimate is accurate.
• C)The value of R² has no significance on the accuracy of the estimate.
• D)The estimate is accurate when R² = 0.

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