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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Definitions:

Trench

A long, narrow ditch often used for defense, utilities, or as a significant topographical feature on the ocean floor.

Passive Margin

A continental margin that is not a plate boundary.

Seafloor Age

The age of the oceanic crust, which increases with distance from mid-ocean ridges where new crust is formed.

Crust Age

A measure indicating the age of the Earth's crust, which varies based on location, with the oceanic crust generally being younger than the continental crust.