It Is Dangerous to Predict Outside the Range of the Data

question 28

Multiple Choice

It is dangerous to predict outside the range of the data collected in a regression analysis. For instance, we shouldn't predict the price of a 5000 square foot home if all our sample homes were smaller than 4500 square feet. Which of the following multiple regression pitfalls does this example describe?

• A) Estimability
• B) Multicollinearity
• C) Extrapolation
• D) Stepwise Regression

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Definitions:

Malapropism

The mistaken use of a word in place of a similar-sounding one, often with unintentionally amusing effect.

Eidetic Imagery

A phenomenon in which a person has the ability to recall images, sounds, or objects with high precision for a brief period after being exposed to them, often referred to as photographic memory.

Mnemonics

Memory aids or techniques that use patterns, associative imagery, or organizational systems to enhance the recall of information.

Retrograde Amnesia

The inability to recall events that happened or knowledge that was acquired prior to sustaining an injury or the start of a disease.