The Objective Typically Used in the Tree Types of Equation-Building

question 20

Multiple Choice

The objective typically used in the tree types of equation-building procedures is to find the equation with

• A)a small s_e.
• B)a large R².
• C)a small s_e and a large R².
• D)the smallest F-ratio.

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Definitions:

Regression Model

A statistical model that estimates the relationship between a dependent variable and one or more independent variables.

Individual Coefficient

A specific value that quantifies some type of relationship in mathematical or statistical models.

Standard Error

The standard deviation of the sample distribution of a statistic, often used to estimate the precision of sample means.

F-statistic

A ratio of variances that is used to test the overall significance of a multiple regression model; it compares model fit versus random variance.