What is the range in values of the coefficient of multiple determination?
A) from 1.0 to
B) from 0.0 to 1.0
C) from 1.0 to k, where k is the number of independent variables in the model
D) from 1.0 to n, where n is the number of observations in the dependent variable

Question

Quizplus · Accepted Answer

The coefficient of multiple determination, or R-squared, measures the proportion of variance in the dependent variable that is explained by the independent variables in the model. R-squared values range from 0.0 to 1.0, where 0.0 indicates no relationship between the variables and 1.0 indicates a perfect relationship, meaning all of the variance in the dependent variable can be explained by the independent variables. Therefore, the best choice is B because it correctly identifies the range of values for R-squared.

What Is the Range in Values of the Coefficient of Multiple