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The interpretation of the r-squared value in a regression is that it represents: Multiple choices a) Whether the dependent variable does a good job of
The interpretation of the r-squared value in a regression is that it represents:
Multiple choices
a) Whether the dependent variable does a good job of measuring the true parameter in the population.
b) How many independent variables are in the statistical model.
c) The percentage of the variation in the dependent variable that is explained by the independent variable(s).
d) Whether the independent variables are significantly associated with the dependent variable.
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