- CFA Exams
- CFA Level I Exam
- Study Session 2. Quantitative Methods (1)
- Reading 4. Introduction to Linear Regression
- Subject 3. The standard error of estimate and the coefficient of determination
CFA Practice Question
True or False? If false, explain why.
The coefficient of determination can have values between -1 and +1.
Correct Answer: False
The coefficient of determination is r2 with 0 <= r2 <= 1, since -1 <= r <= 1.
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