Solved

It Is Dangerous to Predict Outside the Range of the Data

Question 69

Multiple Choice

It is dangerous to predict outside the range of the data collected in a regression analysis. For instance, we shouldn't predict the price of a 5000 square foot home if all our sample homes were smaller than 4500 square feet. Which of the following multiple regression pitfalls does this example describe?


A) Estimability
B) Multicollinearity
C) Stepwise Regression
D) Extrapolation

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions