The coefficient of determination ranges from:
A) 1.0 to $\infty$.
B) 0.0 to 1.0.
C) 1.0 to k,where k is the number of independent variables in the model.
D) 1.0 to n,where n is the number of observations in the dependent variable.

Question

Quizplus · Accepted Answer

The coefficient of determination (R-squared) ranges from 0.0 to 1.0, where 0.0 indicates that none of the variation in the dependent variable is explained by the independent variables, and 1.0 indicates that all of the variation in the dependent variable is explained by the independent variables.

The Coefficient of Determination Ranges From: A) 1 ∞\infty∞ B) 00 to 1

The Coefficient of Determination Ranges From:
A) 1 $\infty$
B) 00 to 1