The coefficient of determination measures the proportion of the variation in the independent variable that is "explained" by the regression line

a. true b. false

b

Economics

You might also like to view...

The historical record for the United States over the last 100 years shows

A) mostly positive economic growth, though the Great Depression caused actual GDP to dip well below potential GDP. B) economic growth for about half the years and economic decline for the other half. C) growth until 1970 and then a period of constant per person real GDP. D) continuous economic growth for each year, although at different rates, throughout the entire century.

Economics

The primary use of development assistance is to

A. encourage economic development through low-interest loans. B. restrict the outflow of foreign direct investment. C. invest in natural resources. D. allow developing countries imitate rather than innovate technologies.

Economics