In regression modeling, there is no guarantee that the fit will be good when the
ID: 3263932 • Letter: I
Question
In regression modeling, there is no guarantee that the fit will be good when the estimated regression equation is applied to new data. It is sometimes useful to split the original data into subsets:
Question 30 options:
one for calculating the slope and one for calculating the intercept
one for estimation and one for validation
one for estimation and one for confidence intervals
one for each regression coefficient
one for calculating the slope and one for calculating the intercept
one for estimation and one for validation
one for estimation and one for confidence intervals
one for each regression coefficient
Explanation / Answer
It is sometimes useful to split the original data into subsets: Answer is the one for each regression coefficients.
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