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What Do We Mean When We Say That a Simple

Question 74

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


A) All the statistics computed from the sample make sense.
B) The model is an excellent predictor of Y.
C) The model is "practically" useful for predicting Y.
D) The model is a better predictor of Y than the sample mean, What do we mean when we say that a simple linear regression model is statistically useful? A) All the statistics computed from the sample make sense. B) The model is an excellent predictor of Y. C) The model is practically useful for predicting Y. D) The model is a better predictor of Y than the sample mean,

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