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Using the Cook's Distance Statistic Di to Determine Influential Points

question 63

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Using the Cook's distance statistic Di to determine influential points in a multiple regression model with k independent variable and n observations and letting denote the critical value of an F distribution with v1 and v2 degrees of freedom at a 0.50 level of significance,Xi is an influential point if


Definitions:

Human Resources Department

The division of a business that is focused on activities related to employees, including hiring, training, and benefits.

7-Point Scale

A rating system used in surveys and questionnaires, allowing respondents to indicate their opinion or preference on a seven-level scale.

5% Significance Level

A threshold in hypothesis testing indicating that the probability of observing the data, assuming the null hypothesis is true, is less than 5%.

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