What Do We Mean When We Say That a Simple

question 136

Multiple Choice

What do we mean when we say that a simple linear regression model is "statistically" useful?

• A)All the statistics computed from the sample make sense.
• B)The model is an excellent predictor of Y.
• C)The model is "practically" useful for predicting Y.
• D)The model is a better predictor of Y than the sample mean,Y .

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Definitions:

Valence

In motivation theory, the value an individual places on the expected outcome of a particular course of action.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees over a certain period.

Job Satisfaction

The level of contentment employees feel towards their jobs, influenced by factors such as work environment, compensation, and job duties.

Job Effort

The amount of physical or mental exertion required to perform the duties associated with a particular job.