is the ratio of the explained variation compared to the total variation.

Question

Quizplus · Accepted Answer

TB2132_11 refers to a statistical measure called the coefficient of determination or R-squared, which represents the proportion of variation in the dependent variable (explained variable) that can be explained by the independent variable(s). It ranges between 0 and 1, with higher values indicating a better fit of the model to the data. Therefore, the statement is true that it is the ratio of the explained variation compared to the total variation.

Is the Ratio of the Explained Variation Compared to the Total