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What Do We Mean When We Say That a Simple

Question 49

Multiple Choice

What do we mean when we say that a simple linear regression model is "statistically" useful?


A) The model is an excellent predictor of Y.
B) The model is a better predictor of Y than the sample mean, Y.
C) The model is "practically" useful for predicting Y.
D) All the statistics computed from the sample make sense.

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