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What does R 2 represent? The proportion of variance in Y accounted for by the pr

ID: 240196 • Letter: W

Question

What does R2 represent?

The proportion of variance in Y accounted for by the predictors

The cumulative value of the errors of prediction

The relationship between 2+ predictors and the dependent variable

The appropriateness of using a least squares approach

A.

The proportion of variance in Y accounted for by the predictors

B.

The cumulative value of the errors of prediction

C.

The relationship between 2+ predictors and the dependent variable

D.

The appropriateness of using a least squares approach

Explanation / Answer

R2 represents;

A: The proportion of variance in Y accounted for by the predictors. (As "R squared", is the degree of the variance in the dependent variable that is predictable from the independent variable)

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