As the goodness of fit for the estimated regression equation increases, the _____.
A) absolute value of the regression equation's slope increases
B) value of the regression equation's y-intercept decreases
C) value of the coefficient of determination increases
D) value of the correlation coefficient increases

Question

Quizplus · Accepted Answer

As the goodness of fit improves, the coefficient of determination (R-squared) increases, indicating a better fit of the regression model to the data.

As the Goodness of Fit for the Estimated Regression Equation