Larger Values of R² Imply That the Observations Are More

question 109

Multiple Choice

Larger values of r² imply that the observations are more closely grouped about the

• A) average value of the independent variables.
• B) average value of the dependent variable.
• C) least squares line.
• D) origin.

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Definitions:

Z-score

A metric that depicts how far a certain value stands from the mean of a collection of values, using the unit of standard deviations for measurement.

First Quartile

The value below which 25% of the data falls, marking the lower quarter of a data set.

Quartile

A type of quantile that divides a rank-ordered dataset into four equal parts.

Standard Normal Variable

A random variable that has a mean of 0 and a standard deviation of 1, following the standard normal distribution.