In general,the higher the value of the coefficient of determination R²,the better the fit of the regression model.

Question

Quizplus · Accepted Answer

This statement is true. The coefficient of determination R² represents the proportion of the variance in the dependent variable that is explained by the independent variable(s). Therefore, a higher value of R² indicates that the regression model is better able to predict and explain the variation in the dependent variable.

In General,the Higher the Value of the Coefficient of Determination