What is the F-statistic?
A)It is a ratio of how good the model is in comparison to how bad it is and therefore it tests the overall goodness of fit of a non- linear model.
B)It is an indicator of variance of error in a linear model.
C)It is an indicator of distribution of predictors within a linear model.
D)It is a ratio of how good the model is in comparison to how bad it is and therefore it tests the overall goodness of fit of a linear model.

Question

Quizplus · Accepted Answer

The F-statistic is a ratio of how good the model is in comparison to how bad it is and therefore it tests the overall goodness of fit of a linear model. It helps in determining whether the regression model as a whole is significant or not. Therefore, option D is the correct answer. Options A, B, and C have incorrect explanations.

What Is the F-Statistic