If a variable explains a significant proportion of the residual variation,it should be considered for inclusion in the regression equation.

Name: If a variable explains a significant proportion of the residual variation,it should be considered for inclusion in the regression equation.
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Question

Quizplus · Accepted Answer

If a variable explains a significant portion of the residual variation, it means that it has a strong influence on the dependent variable and should be considered for inclusion in the regression equation.

If a Variable Explains a Significant Proportion of the Residual