In Regression Analysis,an R-Square Value of One Indicates That There

question 59

True/False

In regression analysis,an r-square value of one indicates that there is a perfect fit between the independent and dependent variables.

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Definitions:

Expected Value

The predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.

Degrees of Freedom

The number of independent values or quantities that can be assigned to a statistical distribution, often affecting the outcome of statistical tests.

Alpha Level

A threshold set in statistical hypothesis testing, below which a null hypothesis is rejected, often set at 0.05.

One-Tailed Statistical Test

A hypothesis test that predicts the direction of the expected difference or relationship between variables.