logo

Crowdly

Generally a coefficient of determination (r 2 ) value closer to 1 implies that t...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

Generally a coefficient of determination (r2) value closer to 1 implies that the model used for curve fitting is a good one for the given set of data. However, having an r2 value closer to 1 does not guarantee that your model is suitable for the given application. Explain why. 

More questions like this

Want instant access to all verified answers on lms.monashcollege.edu.au?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!