The R2 (i.e. ,R-squared)indicates the proportion of a mixed cost that is variable.
The R² (i.e. ,R-squared)is a measure of the goodness-of-fit in least-squares regression.

Question

The R2 (i.e. ,R-squared)indicates the proportion of a mixed cost that is variable. The R² (i.e. ,R-squared)is a measure of the goodness-of-fit in least-squares regression.

Quizplus · Accepted Answer

R-squared is a statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model, not the proportion of a mixed cost that is variable.

The R2 (IE