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