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Prove That the Regression R2 Is Identical to the Square

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Essay

Prove that the regression R2 is identical to the square of the correlation coefficient between two variables Y and X.Regression functions are written in a form that suggests causation running from X to Y.Given your proof,does a high regression R2 present supportive evidence of a causal relationship? Can you think of some regression examples where the direction of causality is not clear? Is without a doubt?


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Accounts Payable

Money owed by a company to its creditors for goods and services that have been received but not yet paid for.

Inventory

Goods or materials that a business holds for the purpose of resale or production.

Prepaid Insurance

An asset account that represents insurance paid in advance, which is expensed as it is used or over time.

Accounts Payable

A liability account on a company's balance sheet representing money owed to creditors for goods and services purchased on credit.

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