1. An increase in the observed sample size from 100 customers to 400 customers in a study...
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2. Doubling the sample size used to ft a regression can be expected to reduce the standard error of the slope by about 30%.
3. The simple regression model presumes, for example, that you have appropriately used logs or other transformation to obtain a linear relationship between the response and the explanatory variable.
4. Prediction intervals get wider as you extrapolate outside the range of the data.
5. The assumption of a normal distribution for the errors in a regression model is critical for the confidence interval for the slope. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
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