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What is the residual sum of squares

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Reference no: EM131499192

Suppose your R-squared is 0.455, and the explained (or model) sum of squares (ESS) is 2150.

a. What is the residual (or unexplained) sum of squares (RSS)?

b. How would you interpret the R-squared value of 0.455 in words?

Reference no: EM131499192

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