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Discuss how the coefficient of determination and the coefficient of correlation are related. How are they...

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Statistics

  • Discuss how the coefficient of determination and thecoefficient of correlation are related. How are they used inregression analysis?
  • A seasonal index may be less than one, equal to one, or greaterthan one. Explain what each of these values mean.

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In any regression model coefficient of determination R2 tells about the proportion of variation explained by the model The amount which remains unexplained is due to error involve in    See Answer
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