The goodness of the fit of a line is measured by the A)R² statistic. B)t-statistic. C)unbiased coefficient. D)standard error.

Name: The goodness of the fit of a line is measured by the A)R 2 statistic. B)t-statistic. C)unbiased coefficient. D)standard error.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

The R² statistic measures the goodness of fit of a line by indicating how much of the variation in the dependent variable is explained by the independent variable.

The Goodness of the Fit of a Line Is Measured