Which of the Following Is True of R²

question 26

Multiple Choice

Which of the following is true of R²?

• A)R² is also called the standard error of regression.
• B)A low R² indicates that the Ordinary Least Squares line fits the data well.
• C)R² usually decreases with an increase in the number of independent variables in a regression.
• D)R² shows what percentage of the total variation in the dependent variable, Y, is explained by the explanatory variables.

---

Definitions:

Treatises

Comprehensive and detailed written works on a particular branch of law, offering in-depth analysis and citations.

Legal Encyclopedias

Comprehensive reference works that provide summaries of legal topics, guiding professionals and students in legal research.

Fee-Based Service

A business model where services are provided for a specific fee, rather than being free or subscription-based.

Court Opinions

Written statements by judges on a court decision, outlining the reasoning behind the judgment.