In a multiple regression model,the value of the coefficient of determination has to fall between
A) -1 and +1.
B) 0 and +1.
C) -1 and 0.
D) None of these choices.

Question

Quizplus · Accepted Answer

The coefficient of determination (R-squared) represents the proportion of variation in the dependent variable that is explained by the independent variables in the model. It can range from 0 to +1, where 0 indicates that the model explains none of the variation in the dependent variable, and +1 indicates that the model explains all of the variation. Therefore, the correct answer is B.

In a Multiple Regression Model,the Value of the Coefficient of Determination