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Basic Question 0 of 6
An analyst is reviewing the following data produced after a regression analysis:
Regression Sum of the Squares (RSS) = 437
Sample data included 25 observations.
B. 91.8% of the variation in the dependent variable may be explained by the regression model.
C. 95.8% of the variation in the dependent variable may be explained by the regression model.
Total Sum of Squares (TSS) = 476
Sum of the Squares of the Errors (SSE) = 39
Regression Sum of the Squares (RSS) = 437
Sample data included 25 observations.
Using the analysis of variance (ANOVA) approach, which of the following statements would be true?
A. 91.1% of the variation in the dependent variable may be explained by the regression model.
B. 91.8% of the variation in the dependent variable may be explained by the regression model.
C. 95.8% of the variation in the dependent variable may be explained by the regression model.
User Contributed Comments 1
| User | Comment |
|---|---|
| quanttrader | RSS = explained variation SSE = unexplained variation |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
calculate and interpret measures of fit and formulate and evaluate tests off it and of regression coefficients in a simple linear regression
CFA® 2025 Level I Curriculum, Volume 1, Module 10.