In regression analysis, an R square (R2) of 1.0 would indicate:
A) that 1 percent of the data points are on the regression line.
B) that 1 percent of the total mixed costs can be attributable to fixed costs.
C) that 1 percent of the total mixed costs can be attributable to variable costs.
D) that there is a perfect correlation between the independent and dependent variables.
Correct Answer:
Verified
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