Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is true about the p-values displayed in the output from Excel for a regression model? O p-values are only statistically significant

image text in transcribed
image text in transcribed
Which of the following is true about the p-values displayed in the output from Excel for a regression model? O p-values are only statistically significant if they are estimated from a non-linear model. If a p-value is found to be statistically significant, this does NOT guarantee that it will also be practically significant O p-values are only considered useful when the R-square value is greater than 1. o We should ALWAYS evaluate the p-value at a 0.05 level of significance. Which of the following is true when building a regression model for a "big data" data set that contains a large amount of sample data? The R-square value can no longer be interpreted as the amount of variability in the sample data explained by the model. The intercept value should always be set equal to 0. O Any p-value less than 0.8 should be considered significant. O Inference using p-values becomes less meaningful

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_2

Step: 3

blur-text-image_3

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

Auditing and Assurance Services

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

6th edition

978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343

More Books

Students also viewed these Accounting questions

Question

(b) What is the generator for this design? Pg45

Answered: 1 week ago

Question

2. How price elasticity of demand affects total revenue.

Answered: 1 week ago