If the R2 is large, you are confident in the regression results because the predicted values are ________ the actual values.

Question

Quizplus · Accepted Answer

A large R2 value indicates that there is a strong relationship between the predictor variables and the response variable, and that the model is able to explain a significant proportion of the variability in the data. This suggests that the predicted values are more likely to be close to the actual values, rather than far from them.

If the R2 Is Large, You Are Confident in the Regression