What Is R²

question 14

Multiple Choice

What is R²?

• A) The percentage of variance in the predictor accounted for by the outcome variable
• B) The proportion of variance in the outcome accounted for by the predictor variable or variables
• C) The proportion of variance in the predictor accounted for by the outcome variable
• D) The percentage of variance in the outcome accounted for by the predictor variable or variables

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Definitions:

Mortgage

A secured loan agreement where property or real estate is used as collateral for borrowing money.

Debtor

A party that has incurred a debt by borrowing money or obtaining goods or services on credit.

Debt

An amount of money borrowed by one party from another, typically involving repayment with interest.

Mechanic's Lien

A legal claim against a property for unpaid construction work or supplies, giving the claimant a right to secure payment.