Unreliable model? A person indicates that his created models prediction is unreliable because of a low R2
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Unreliable model? A person indicates that his created model’s prediction is unreliable because of a low R2 value of 20%.
a) Is this an appropriate justification? Explain.
b) Does this model allow the person to make inaccurate predictions? Explain.
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Related Book For
Business Statistics
ISBN: 9781292269313
4th Global Edition
Authors: Norean Sharpe, Richard De Veaux, Paul Velleman
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