3 Questions
Which formula is used to calculate the r-squared value?
Coefficient of determination
What is the range of possible values for r-squared?
0 to 1
What does a high r-squared value indicate?
A strong positive linear relationship
Test your knowledge on calculating r-squared! Learn about the formula used to calculate r-squared for a given set of numbers and discover the range of possible values for this statistical measure. Find out what a high r-squared value indicates and assess your understanding of this important concept.
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