Goodness of fit Flashcards
1
Q
R squared always lies in the range:
A
0-1
2
Q
If R squared equals one then the regression is a:
A
Perfect fit to the data
Y2 econometrics > Goodness of fit > Flashcards
R squared always lies in the range:
0-1
If R squared equals one then the regression is a:
Perfect fit to the data