Bad model? An intern who has created a linear model is disappointed to find that her value

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Bad model? An intern who has created a linear model is disappointed to find that her value is a very low 13%.

a) Does this mean that a linear model is not appropriate?

Explain.

b) Does this model allow the intern to make accurate predictions?

Explain.

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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