some Multiple Regression Output y 6553 0716 0388 x2 Provi

some Multiple Regression Output y = 6.553 - 0.716 + 0.388 x_2 Provide an interpretation of R^2. What is its official name? R^2 is a bounded statistic. What are its bounds? Is less than or equal to R^2 is less than or equal to. A statistician runs a multiple regression and is preplexed by his /her output. The R^2 is very of the coefficient in the equation are insignificant. How can this be? Why would a model explanatory power, yet, all the variables are insignificant? What is the problem called?

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