An Index of the Strength of the Relationship Between the Criterion

question 15

Multiple Choice

An index of the strength of the relationship between the criterion variable and the set of predictor variables is provided by the _____,symbolized by _____.

• A)squared t;t²
• B)squared multiple correlation coefficient;R²
• C)regression coefficient;á
• D)multiple r;r²

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Definitions:

Opportunity Cost

The cost of what you have to give up in order to choose something else.

Output

The sum of all goods or services created by an enterprise, industry, or the economy over a certain period.

Economic Profits

The profit or loss calculated by taking out both straightforward and assumed expenses from total income.

Purely Competitive

A business environment marked by the proliferation of many small enterprises, a uniform product, and effortless procedures for both entry and exit.