The ___________ is a measure of the goodness of fit of the estimated regression equation. It can be interpreted as the proportion of the variability in the dependent variable y that is explained by the estimated regression equation

a. residual b. coefficient of determination
c. dummy variable d. interaction variable


b
RATIONALE: Coefficient of determination is a measure of the goodness of fit of the estimated regression equation. It can be interpreted as the proportion of the variability in the dependent variable y that is explained by the estimated regression equation.

Business

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