if the relationship between two variables is linear and the coefficient of determination (R2) has a value near 1, the scatter diagram has what appearance

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphics To Economics
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if the relationship between two variables is linear and the coefficient of determination (R2) has a value near 1, the scatter diagram has what appearance?
If the relationship between two variables is linear and the coefficient of determination (R?) has a value near 1, the scatter diagram has what appearance?
O A) The points fall along a horizontal straight line.
B) The points cluster loosely, forming a circle or oval around a central point.
O C) The points fall along a vertical straight line.
O D) The points fall along a straight line that is not parallel either to the x-axis or the y-axis.
Transcribed Image Text:If the relationship between two variables is linear and the coefficient of determination (R?) has a value near 1, the scatter diagram has what appearance? O A) The points fall along a horizontal straight line. B) The points cluster loosely, forming a circle or oval around a central point. O C) The points fall along a vertical straight line. O D) The points fall along a straight line that is not parallel either to the x-axis or the y-axis.
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