Correct. If the prediction errors are small, then there is very little unexplained variation in the y’s and r2 is close to 100%. On the other hand, if the prediction errors are large, then there is a lot of unexplained variation and r2 is close to 0%.
Incorrect. If the prediction errors are small, then there is very little unexplained variation in the y’s and r2 is close to 100%. On the other hand, if the prediction errors are large, then there is a lot of unexplained variation and r2 is close to 0%.
2
Try again.