The coefficient of multiple determination takes on values between 0 and 1, inclusive.

Question

Quizplus · Accepted Answer

The coefficient of multiple determination, also known as the R-squared value, represents the proportion of the variance in the dependent variable that can be explained by the independent variables in a multiple regression model. It ranges from 0 to 1, with 0 indicating no relationship and 1 indicating a perfect relationship between the variables. Therefore, the statement is true.

The Coefficient of Multiple Determination Takes on Values Between 0