Multiple co-efficient of determination () measures the
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JNU SSS 2021 Question 66: Goodness of fit and model selection
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Multiple co-efficient of determination (R²) measures the (A) Homoscedasticity of multiple regression model (B) Multicollinearity of multiple regression model (C) Heteroscedasticity of multiple regression model (D) Goodness of fit of multiple regression model
Also written as: Multiple co-efficient of determination (R^2) measures the
Goodness of fit and model selection has come up 27 times in 6 exams since 2009.
What this question tests
This question is on R-squared and the coefficient of determination, part of Goodness of fit and model selection in Econometrics.
The share of variation in the dependent variable that the regression explains.
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