Multiple Choice
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
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q54: Discuss the pros and cons of raw
Q55: The explanatory power of regression lies in
Q56: A bivariate statistical technique that is used
Q57: Covariance is the extent to which a
Q58: If the correlation between two variables is
Q60: In testing for the significance of a
Q61: If the t-test is used to test
Q62: If the regression equation is: Y =
Q63: Correlation always means that a causal relationship
Q64: When the correlation between two variables is