Consider a regression model that uses 48 observations. Let ei denote the residuals from the fitted regression and yni be the in sample predicted values of the dependent variable. The least squares...

Consider a regression model that uses 48 observations. Let ei denote the residuals from the fitted regression and yni be the in sample predicted values of the dependent variable. The least squares regression of e2i on yni has coefficient of determination 0.032. What can you conclude from this finding?



May 08, 2022
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