Larger values of R² imply that the observations are more closely grouped about the
A) average value of the independent variables
B) average value of the dependent variable
C) least squares line
D) origin

Question

Quizplus · Accepted Answer

Larger values of R² indicate that the observations are more closely grouped around the least squares line, meaning the model explains a greater proportion of the variance in the dependent variable.

Larger Values of R² Imply That the Observations Are More