R² Is Defined As

question 81

Multiple Choice

R² is defined as:

• A)Total variation/explained variation.
• B)Explained variation/total variation.
• C)Unexplained variation/explained variation.
• D)Unexplained variation/total variation.

---

Definitions:

Professional Project Managers

Individuals certified and skilled in the planning, execution, and supervision of projects, ensuring they meet specified goals and constraints.

Commodity

A fundamental item utilized in trade that is exchangeable with other items of identical nature.

Rough Order Magnitude (ROM) Estimate

An early, approximate evaluation of the potential costs associated with a project, used for preliminary budgeting and planning purposes.

Ballpark Estimate

An approximate calculation or judgment of the value, number, quantity, or extent of something, intended to provide a rough understanding rather than precise accuracy.