In a multiple regression with two explanatory variables,the total sum of squares SST = 1000 and the mean square error MSE = 40.There are 13 observations.What is the value of R²? A)0.04 B)0.52 C)0.60 D)0.96

Question

Quizplus · Accepted Answer

We can use the formula:

R-squared = 1 - (MSE/SST)

Plugging in the numbers, we get:

R-squared = 1 - (40/1000)
R-squared = 1 - 0.04
R-squared = 0.96

Therefore, the answer is (C) 0.96.

In a Multiple Regression with Two Explanatory Variables,the Total Sum