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    Question about R2

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    R2 is a statistical measure which:

    a) determines how important one variable is in explaining the value of another variable
    b) tests the true value of a variable
    c) determines how well an equation can estimate the relationship between one variable and a set of other variables
    d) all of the above
    e) none of the above

    Which of the above options is correct?

    © BrainMass Inc. brainmass.com October 9, 2019, 11:15 pm ad1c9bdddf
    https://brainmass.com/economics/macroeconomics/r-square-value-250287

    Solution Summary

    The solution contains the interpretation of the R-Square value.

    $2.19