A Multiple Regression Model with Two Explanatory Variables Is Estimated

question 87

Multiple Choice

A multiple regression model with two explanatory variables is estimated using 20 observations resulting in SSE = 550 and SST = 1000. Which of the following is the correct value of R²?

• A) 0.10
• B) 0.45
• C) 0.55
• D) 0.90

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