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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?

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Solution Summary

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

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