For a simple linear regression model, significance of regression is:
A) a measure of how well the regression line fits the data.
B) a hypothesis test of whether the true regression coefficient ß1 is zero.
C) a statistic that modifies the value of R2 by incorporating the sample size and the number of explanatory variables in the model.
D) the variability of the observed Y-values from the predicted values.
Correct Answer:
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Q19: Use the data given below to
Q20: Use the data given below to
Q21: When two or more independent variables in
Q22: means that the variation about the regression
Q23: The R2 value:
A) is the variability of
Q25: Which of the following is true about
Q26: When a scatter chart of data shows
Q27: Which of the following helps in evaluation
Q28: Categorical variables that have been coded are
Q29: Standard residuals:
A) help detect outliers that may
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