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Bob Thinks There Is Something Wrong with Excel's Fitted Regression

question 65

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Bob thinks there is something wrong with Excel's fitted regression.What do you say? Bob thinks there is something wrong with Excel's fitted regression.What do you say?   A) The estimated equation is obviously incorrect. B) The R2 looks a little high but otherwise it looks OK. C) Bob needs to increase his sample size to decide. D) The relationship is linear,so the equation is credible.


Definitions:

Socialization

The method through which people acquire and assimilate the standards, values, actions, and social competencies relevant to their community.

Significant Other

A person of great importance in one's life, typically a romantic or life partner.

Generalized Other

A concept in sociology that refers to the general notion that a person has of the common expectations and attitudes in society.

Adaptation

Is the process of changing one’s actions to maximize the degree to which an environment satisfies one’s needs and interests.

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