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29 Nov 2019
What does the coefficient of determination (or R-squared) measure?
A: How precise a regression coefficient is estimated in a regression.
B: How computationally involved a regression is.
C: How sensitive quantity demand is to changes in price.
D: How well a regression line fits the data.
What does the coefficient of determination (or R-squared) measure?
A: How precise a regression coefficient is estimated in a regression.
B: How computationally involved a regression is.
C: How sensitive quantity demand is to changes in price.
D: How well a regression line fits the data.
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