If the Coefficient of Determination Is 0

question 32

Multiple Choice

If the coefficient of determination is 0.975,then which of the following is true regarding the slope of the regression line?

• A)All we can tell is that it must be positive.
• B)It must be 0.975.
• C)It must be 0.987.
• D)Cannot tell the sign or the value.

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Definitions:

Gross Investment

The total amount spent on new capital assets before accounting for depreciation.

Depreciation

The reduction in the value of an asset over time, often due to wear and tear or the passage of time.

Inventory Investment

The stock of goods or raw materials kept by a business to meet future sales or production needs.

Hybrid Varieties

Plant varieties developed through the crossbreeding of two genetically different parent plants, aiming to produce offspring with desirable traits from both.