The summary measure used to measure the goodness of fit of a regression line
A)coefficient of determination
B)coefficient of variation
C)standard error d standar
D)deviation

Question

Quizplus · Accepted Answer

The coefficient of determination, often denoted as R^2, measures the proportion of the variance in the dependent variable that is predictable from the independent variable(s) in a regression model, making it a key indicator of the goodness of fit of the model.

The Summary Measure Used to Measure the Goodness of Fit