When estimating = β₀ + β₁x₁ + β₂x₂+ε, the following regression results using ANOVA were obtained. Which of the following is the coefficient of determination? A) 0.07 B) 0.10 C) 0.90 D) 0.93

Question

Quizplus · Accepted Answer

The coefficient of determination is the ratio of the explained variation to the total variation, which can be found in the ANOVA table as the R-squared value. In this case, the R-squared value is 0.93, indicating that 93% of the total variation in the dependent variable can be explained by the independent variables in the model. Therefore, the answer is D.

When Estimating = β0 + β1x1 + β2x2 +

When Estimating = β₀ + β₁x₁ + β₂x₂+