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3. a) You run a regression analysis. You can explain 50% of the variance, and the total sum of squares is 10000. What is the
3.
a) You run a regression analysis. You can explain 50% of the variance, and the total sum of squares is 10000. What is the sum of squares of the predicted values?
b) If a correlation between two variables is significant, then the slope of a simple linear regression line will also be significant. True/False?
c) Write down the general equation for a regression line. Explain each part.
d) What criterion is used to determine which regression line fits best? Give an example of another possible criterion.
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