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A Regression Had the Following Results: SST = 82

question 74

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A regression had the following results: SST = 82.55,SSE = 29.85.It can be said that 73.4% of the variation in the dependent variable is explained by the independent variables in the regression.


Definitions:

Insolvent

A financial state in which an individual or entity cannot meet their debt obligations or pay their bills as they become due.

Occupied

Engaged in activity or filled with occupants or participants; also can refer to areas under military control.

Repudiate

To refuse to accept or be associated with; in legal terms, it often refers to rejecting the validity of a contract or agreement.

Non-Necessary

Non-necessary refers to something that is not essential or required for a particular purpose or function.

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