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Question

“The percent of total variation in the dependent variable that is explained by the set of independent variables in the study”, is denoted by which one of the following?

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Explanation

Coefficient of determination, denoted R-squared, quantifies proportion of total variance in dependent variable explained by independent variables in regression model. Values range zero to one, indicating goodness-of-fit, distinct from covariance, multicollinearity or logistic regression concepts.

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