The coefficient of determination
A) is maximized by ordinary least squares.
B) has a value between zero and 1.
C) will generally increase if additional independent variables are added to a regression analysis.
D) All of the above are correct.

Question

Quizplus · Accepted Answer

The coefficient of determination (R²) is maximized by ordinary least squares, ranges between 0 and 1, and generally increases with more independent variables in a regression.

The Coefficient of Determination