In a Regression Problem,if the Coefficient of Determination Is 0

question 121

Multiple Choice

In a regression problem,if the coefficient of determination is 0.95,this means that:

• A)95% of the y values are positive.
• B)95% of the variation in y can be explained by the variation in x.
• C)95% of the y values are predicted correctly by the model.
• D)None of these choices.

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Definitions:

Union Or Non-union

Describes whether a workforce is represented and protected by labor unions, or not affiliated with unions.

Dispersion

In statistics, the measure of how spread out numbers are in a dataset, indicating variability.

Weighted Mean

A mathematical average where some elements of the data set carry more significance, or weight, than others in the calculation.

Percentiles

A statistical measure indicating the value below which a given percentage of observations fall in a dataset.