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Evaluate the following statement: "A high r2 means a significant regression." Evaluate the following statement:

Evaluate the following statement: “A high r2 means a significant regression.”Evaluate the following statement: “A very large sample size in a regression problem will always produce useful results.”Bellsouth earnings in billions are estimated using GNP (gross national product). The regression equation is = .078 + .06X where GNP is measured in billions of dollars. Interpret the slope:

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