What Is the Coefficient of Determination

question 122

Multiple Choice

What is the coefficient of determination?

• A)It is a measure of the variability of actual costs around the cost-estimating equation.
• B)It is used to construct probability intervals for cost estimates.
• C)It is a standardized measure of the degree to which two variables move together.
• D)It is a measure of the percentage variation in the dependent variable that is explained by the cost estimating equation.

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Definitions:

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