To model the relationship between y, a dependent variable, and x, an independent variable, a researcher has

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To model the relationship between y, a dependent variable, and x, an independent variable, a researcher has taken one measurement on y at each of three different x values. Drawing on his mathematical expertise, the researcher realizes that he can fit the second-order model
E(y) = β0 + β1x + β2x2
and it will pass exactly through all three points, yielding SSE = 0. The researcher, delighted with the excellent fit of the model, eagerly sets out to use it to make inferences. What problems will he encounter in attempting to make inferences?
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Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

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