Question: A linear trendline model is estimated, it has an R2 of 50%. Which of the following statements best summarizes this result? No answer text provided.

A linear trendline model is estimated, it has an R2 of 50%. Which of the following statements best summarizes this result? No answer text provided. The trendline SSE is 50 s lower then the y variable's TSS When predicting the future this modet is accurate 50% of the time. The trendine TSS is 50% lower then the y variable's SSE

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