When Using Regression Analysis to Determine Estimated Costs, What Criteria

question 81

Multiple Choice

When using regression analysis to determine estimated costs, what criteria are necessary to evaluate a particular regression line?

• A) Closeness to pre-analysis guess
• B) Goodness of fit
• C) Coefficient of determination
• D) Goodness of fit AND coefficient of determination

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Definitions:

Nature-Nurture Issue

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