The coefficient of Non-determination is equal to
Tap an option to check your answer.
4 marks, −1EconometricsGoodness of fit and model selectionSums of squares and variance decompositionEasyabout 1 min
CUET-PG 2022 Question 41: Goodness of fit and model selection
Answer and worked solution
Checking your account…
Goodness of fit and model selection has come up 27 times in 6 exams since 2009.
What this question tests
This question is on Sums of squares and variance decomposition, part of Goodness of fit and model selection in Econometrics.
Splitting total variation into explained and unexplained parts.
TestStop has 5 past-paper questions on this subtopic.
Similar questions from other papers
- Coefficient of determination measures (A) correlation between the dependent and independent variables. (B) the residual sum of squares as a proportion of the total sum…
- Consider a two-variables (x,y) linear regression model y = α + β x + ε where α and β are the parameters, and ε is the error term. The parameters are estimated using the…
- In the context where sample mean of the dependent variable (Ȳ) lies closer to the observed Yᵢ than its least square predictor (Ŷᵢ),.
- The Coefficient of Determination (R²): A. is an increasing function of the number of regressors B. is a decreasing function of the number of regressors C. is unaffected…
- A regression equation Y = -2.5 + 2X is estimated using Y = 2, 5, 9, 14 and X = 2, 4, 6, 8. The coefficient of determination is (rounded off to two decimal places).
Question from the CUET-PG 2022 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.