Asked by
Taylor Sturgill
on Nov 16, 2024Verified
If all the points of a scatter diagram lie on the least squares regression line, then the coefficient of determination for these variables based on these data
A) is 0.
B) is 1.
C) is either 1 or -1, depending upon whether the relationship is positive or negative.
D) could be any value between -1 and 1.
Coefficient Of Determination
A statistical measure represented as R², which indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).
Least Squares Regression Line
The least squares regression line is a straight line that minimizes the sum of the squared differences between the observed values and the values predicted by the line.
- Work out and interpret the significance of the coefficient of determination in the framework of regression analysis.
Verified Answer
MS
Learning Objectives
- Work out and interpret the significance of the coefficient of determination in the framework of regression analysis.