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A high R-squared value in a regression analysis indicates that: Question 15Answer a. the independent variable does not explain much of the variance in the

A high R-squared value in a regression analysis indicates that: Question 15Answer a. the independent variable does not explain much of the variance in the dependent variable. b. a significant portion of the variance in the dependent variable is accounted for by the independent variable. c. the regression model is overfitted. d. the regression model is underfitted

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