Which of the following is most appropriate if the purpose of the regression analysis is forecasting?
A)standardized regression coefficient (β)
B)Y-intercept α
C)coefficient of determination (R²)
D)raw parameter estimates

Question

Quizplus · Accepted Answer

Raw parameter estimates are used in forecasting as they provide the actual values needed to calculate predictions for new data points.

Which of the Following Is Most Appropriate If the Purpose