In a multiple regression analysis involving 50 observations and 5 independent variables, SST = 475 and SSE = 71.25. Then, the multiple coefficient of determination is 0.85.

Question

Quizplus · Accepted Answer

The formula for multiple coefficient of determination is R^2 = 1 - (SSE/SST)
Using the given values, R^2 = 1 - (71.25/475) = 0.85
Therefore, the statement is true.

In a Multiple Regression Analysis Involving 50 Observations and 5