Consider a multiple regression analysis involving 14 independent variables and 150 observations,with SSE = 180 and SS Total = 600. The coefficient of multiple determination is ________.
A)0.70
B)0.40
C)0.21
D)0.30

Question

Quizplus · Accepted Answer

The coefficient of multiple determination (R-squared) is given by the formula R-squared = 1 - (SSE/SS Total). Plugging in the values given, we get R-squared = 1 - (180/600) = 0.70. Therefore, the best choice is A) 0.70. This indicates that 70% of the variation in the dependent variable can be explained by the 14 independent variables.

Consider a Multiple Regression Analysis Involving 14 Independent Variables and 150