When using regression, interpreting the output is very important for carefully using the results as analytical evidence.
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When using regression, interpreting the output is very important for carefully using the results as analytical evidence. Discuss each of the following regression terms and describe how they can be used to evaluate regression results as analytical evidence for the auditor:
- Correlation coefficient
- Variance explained ( \(r\)-squared)
- P-value of a statistical result (e.g., F, \(t\)-statistic)
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Related Book For
Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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