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Set of flashcards Details

Flashcards 44
Language English
Category Micro-Economics
Level University
Created / Updated 05.11.2017 / 05.11.2017
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Regression can explain all the variations in data?

Given for a SST, which model do you prefer in regression modelling?

If you calculate SSR / SST, would it fairly explain how much a model can explain the data?

Which describes correlation and r2 the best?