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

Question

Quizplus · Accepted Answer

The goodness of fit is often measured by the coefficient of determination (R-squared), which indicates how well the data fit the regression model. As the goodness of fit increases, the R-squared value increases, showing a better fit.

As the Goodness of Fit for the Estimated Regression Equation