Math Problem Statement
In a multiple regression model the value of the coefficient of determination will be
Solution
In a multiple regression model, the coefficient of determination, denoted as , measures the proportion of the variance in the dependent variable that is predictable from the independent variables. The value of will always lie between 0 and 1, inclusive:
- : Perfect fit, meaning the
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Statistics
Regression Analysis
Coefficient of Determination
Formulas
R^2 = 1 - (SS_res / SS_tot)
Theorems
Coefficient of Determination Theorem
Suitable Grade Level
College Level
Related Recommendation
Understanding R^2: Explained and Total Variation in Statistics
Understanding the Coefficient of Determination (R^2) in Regression Analysis
Understanding the Coefficient of Determination (R²) in Regression Analysis
Understanding the Coefficient of Determination in Linear Regression
Understanding R² in Regression Analysis: Explained Variation