As the value of the coefficient of determination increases, the
A) absolute value of the regression equation's slope decreases.
B) total number of degrees of freedom increases.
C) goodness of fit for the estimated regression equation increases.
D) value of the correlation coefficient decreases.

Question

Quizplus · Accepted Answer

The coefficient of determination represents the proportion of variance in the dependent variable that can be explained by the independent variable(s) in the regression model. A higher coefficient of determination indicates a better fit of the estimated regression equation to the data. Therefore, the goodness of fit for the estimated regression equation increases as the coefficient of determination increases.

As the Value of the Coefficient of Determination Increases, the