Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This question relates to linear regression in Statistics. My question is regarding the target variable (Y) and predictor variable (X). If the predicted value was

This question relates to linear regression in Statistics.

My question is regarding the target variable (Y) and predictor variable (X). If the predicted value was not included in the predictor variable data set, is it still possible to accurately predict the output/target variable?

The context and question is given below:

"A local university would like to describe the linear relationship between the grade point average (GPA) and the starting monthly salary of a graduate with Economics degree from the university."

The question then asked is it appropriate to use the model to predict the starting monthly salary for a graduate with GPA 2.01 and to justify the answer.

However, the GPA = 2.01 is not included in the data set of the predictor variable, e.g. there's 100 data on GPA and monthly salary but within that data set there was no observation for GPA = 2.01 and monthly salary = ?? . Is the linear regression model still able to predict the monthly salary (Y) based on predictive variable, GPA = 2.01?

Thanks!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra And Trigonometry

Authors: Ron Larson

9th Edition

1285605705, 9781285605708

More Books

Students also viewed these Mathematics questions