True/False
In a simple linear regression model,the coefficient of determination not only indicates the strength of the relationship between independent and dependent variable,but also shows whether the relationship is positive or negative.
Correct Answer:
Verified
Related Questions
Q1: The correlation coefficient is the ratio of
Q2: In simple linear regression analysis, we assume
Q3: The error term is the difference between
Q6: In simple regression analysis, r2 is a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents