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In regression modeling, there is no guarantee that the fit will be good when the

ID: 3290551 • 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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