Question: A researcher dismisses a regression result because the model R2 was under 0.70. Do you think this was necessarily wise? Explain.

A researcher dismisses a regression result because the model R2 was under 0.70. Do you think this was necessarily wise? Explain.

Step by Step Solution

★★★★★

3.45 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

No cutoff values exist when examining R 2 However the absolu... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1050-B-B-C-B-M (1279).docx

120 KBs Word File

Students Have Also Explored These Related Business Communication Questions!

Q:

Use the T Accounts for Moose Inc to create their Trial Balance as of December 31, 2022. The account numbers are in parentheses next to the account name. Trial Balance Account Number 100 110 120 130...

Q:

Do you think this merger can be saved? Why or why not?

Q:

Do you think this explains the organizational changes to have taken place since the 1970s? Explain

Q:

Do you think this type of product service will be as marketable in the future as it is now EXPLAIN THOROUGHLY citing how the critical business risks for this company affect the future? Do you think...

Q:

A researcher dismisses a regression result because the model R2 was under 0.70. Do you think this was necessarily wise? Explain.

Q:

JONA Volume 44, Number 12, pp 632-639 Copyright B 2014 Wolters Kluwer Health | Lippincott Williams & Wilkins THE JOURNAL OF NURSING ADMINISTRATION Occupational Stressors, Stress Perception Levels,...

Q:

Stock Prices Business Statistics-Semester Project Introduction: The stock market is a very powerful investing tool and very difficult to understand. The stock market is simply a place where stocks...

Q:

In an earlier tutorial, you were introduced to a data set that contains voting information for 173 US election districts. Suppose we have access to 40 observations from that data set. Throughout this...

Q:

In 2009, a large Midwestern University wanted to give a report to the state's board of regents to justify the continued expenditures for their study abroad programs. In particular, they wanted to...

Q:

Set Student Name: 1. Describe the relationship between two variables that have a correlation coefficient value: a. Near -1 b. Near 0 c. Near 1 2. Data was collected where a weightlifter was asked to...

Q:

Instuctor's Annotated Edition TENTH EDITION Understandable Statistics Concepts and Methods Charles Henry Brase Regis University Corrinne Pellillo Brase Arapahoe Community College Australia Brazil...

Q:

Mahaney owns Headed West, a shop selling pipes and other smoking accessories. He hired artists to paint murals on the buildings exterior. The murals showed musicians such as Jimi Hendrix, Jerry...

Q:

Reparametrize the curve with respect to arc length measured from the point where t 0 in the direction of increasing t. (Enter your answer in terms of s.) r(t) et cos(2t)i +21+ et sin(2) k r(t(s)) =

Q:

arrange the values according the absolute value: 7 . 9 x 1 0 ^ 2 - 0 . 0 1 1 - 3 . 2 x 1 0 ^ 3 2 1 0 9 - 9 . 6 x 1 0 ^ - 5

Q:

A portfolio is formed as follows: sell short $2,000 of security 1 and buy $3,000 of security 2, $2,000 of security 3, and $3,000 of security 4. the cash provided by the owner of the portfolio is...

Q:

Paul Poti, is the sole proprietor of Poti Enterprises, a small retail shop selling widgets located in Edmonton, AB. The shop has been in operation for several years. Paul provides you with the...

Q:

Sandy and John Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2022, Sandy worked as a computer technician at a local university, earning a salary of $152,000,...

Q:

1. Jim Adams posts the column totals and individual transactions in "Other" columns to the appropriate general ledger account and updates each general ledger account balance. He places a posting...

Q:

Read the mini-case on Rubio's, and answer the questions given. Rubio's is a fast food restaurant that specializes in fish tacos. Based out of Carlsbad, California, Rubio's has 180 locations, all of...

Q:

1.16 A journalist wrote the following about the effects of falling gasoline prices: With lower prices, demand rises and people consume more. Briefly explain whether you agree with the journalists...

Q:

What factors should MNCs consider when implementing a brand-name facelift in their foreign markets?

Q:

What strategies can MNCs adopt to cope with product piracy?

Q:

How does the marketing of global services differ from marketing tangible goods worldwide?

Q:

Fullerton Inc., manufactures and sells two products: Product E2 and Product G3. Data concerning the expected production of each product and the expected total direc labor-hours (DLHs) required to...

Q:

Perrin Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $390,000, and budgeted direct labor hours were 26,000. The average wage rate for direct labor is...

Q:

12-24 Budgeted costs, kaizen improvements. Trendy T-Shirt Factory manufactures plain white and solid-colored T-shirts. Inputs include the following: Additionally, the colored T-shirts require 3...