Evaluate the following statements: a. A high r2 means a significant regression. b. A very large sample

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Evaluate the following statements:
a. A high r2 means a significant regression.
b. A very large sample size in a regression problem will always produce useful results.

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Business Forecasting

ISBN: 978-0132301206

9th edition

Authors: John E. Hanke, Dean Wichern

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Question Posted: Dec 05, 2015 02:51 AM

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Evaluate the following statements: a. A high r2 means a significant regression. b. A very large sample

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a Only if the sample size is large enough The t statistic associated with the slope coeffici...View the full answer

Business Forecasting

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