STATISTICAL TECHNIQUES AND TOOLS
MULTIPLE REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In regression analysis, outliers may be identified by examining the ____ a) coefficient of determinationb) coefficient of correlationc) p values for the partial coefficientsd) residualse) R-squared valueAnswer:d
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coefficient of determination
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coefficient of correlation
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residuals
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R-squared value
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Explanation:
Detailed explanation-1: -The R-squared value, denoted by R 2, is the square of the correlation. It measures the proportion of variation in the dependent variable that can be attributed to the independent variable. The R-squared value R 2 is always between 0 and 1 inclusive. Perfect positive linear association.
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