Question: Question 8 5 pts What does the R 2 tell you about the quality of your forecast? There is a weak association and my forecast

Question 8
5 pts
What does the R2 tell you about the quality of your forecast?
There is a weak association and my forecast is not reliable.
There is very strong association and my forecast is very reliable.
There is no association and my forecast is not reliable.
It doesn't tell me anything about the quality.
 Question 8 5 pts What does the R2 tell you about

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!