The main purpose of the coefficient of determination is to?
A)Predict the mean value of X
B)Dismiss the null hypothesis
C)Eliminate sampling errors
D)Predict future outcomes on the basis of other related information

Question

Quizplus · Accepted Answer

The coefficient of determination, often denoted as R^2, is used to measure the proportion of the variance in the dependent variable that is predictable from the independent variable(s). It is a key indicator of how well a model explains and predicts future outcomes based on related information.

The Main Purpose of the Coefficient of Determination Is To