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When the R 2 of a regression equation is very high, it indicates that Select one: A.all the coefficients are statistically significant. B.the intercept term
- When the R2of a regression equation is very high, it indicates that
Select one:
A.all the coefficients are statistically significant.
B.the intercept term has no economic meaning.
C.a high proportion of the variation in the dependent variable can be accounted for by the variation in the independent variables.
D.there is a good chance of serial correlation and so the equation must be discarded.
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