A high coefficient of determination (R2) implies that the regression model will be a good predictor for future values of the dependent variable given the value of the independent variable.

Question

Quizplus · Accepted Answer

A high R² indicates a good fit to the sample data but does not guarantee that the model will predict future values accurately, as it does not account for overfitting or changes in underlying patterns.

A High Coefficient of Determination (R2) Implies That the Regression