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True or False - Justify: The least-squares regression equation minimizes the sum of squared errors. A correlation of .75 indicates a relationship that is 3
True or False - Justify:
The least-squares regression equation minimizes the sum of squared errors.
A correlation of .75 indicates a relationship that is 3 times as linear as one for which the correlation is only .25.
If linear regression creates an appropriate model for data, there should be a clear pattern in the graph of residuals.
A high correlation (at least 0.95) between independent variable x and dependent variable y proves that x causes y.
A negative r value indicates that ordered pairs with higher x values will tend to have lower y values.
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