Which of the following is true of the R-squared statistic?
A) It measures the slope of the regression equation.
B) It measures the proportion of the variation of the dependent variable left unexplained by the multiple-regression equation.
C) It measures the total variation in the dependent variable induced by changes in the explanatory variables.
D) It is the standard error of the coefficient associated with an independent variable.
E) It measures the proportion of the variation of the dependent variable explained by the multiple-regression equation.
Correct Answer:
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