An analyst will always prefer that the R² be close to zero.

Name: An analyst will always prefer that the R² be close to zero.
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Question

Quizplus · Accepted Answer

This statement is false. An analyst would prefer the R² (coefficient of determination) to be as close to 1 as possible, as it indicates a strong relationship between the independent and dependent variables. A value of R² closer to zero would indicate a weak relationship.

An Analyst Will Always Prefer That the R² Be Close