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Larger values of R2 imply that the observations are more closely grouped about the

Options
A.average value of the independent variables
B.average value of the dependent variables
C.none of the other statements are correct
D.least squares line
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When evaluating what larger R^2 values imply in a simple linear regression context, we want to consider what R^2 represents and how it relates to the data fit. Option 1: 'average value of the independent variables' — This is not what R^2 measures. R^2 does not describe where the x-values cluster around; it concerns ho......Login to view full explanation

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