Cook's Distance Measure Is Used In

question 14

Multiple Choice

Cook's distance measure is used in:

• A)Determining if there is significant first order auto-correlation.
• B)Identifying influential observations in multiple regression analysis.
• C)Determining the significance of an independent variable.
• D)Determining if there is significant multicollinearity.
• E)Determining if the overall regression model is significant.

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Definitions:

Level of Risk

A measure or assessment of the potential for harm or adverse outcomes resulting from a process, action, or event.

Null Hypothesis

The theory asserting that the observed differences between certain groups are not substantial but rather can be attributed to errors in sampling or experimentation.

Obtained Value

The actual value or result found from a statistical test or experiment.

Critical Value

A point on the scale of the test statistic beyond which the null hypothesis is rejected.