Question: Based on the final regression statistics (from Project 1) and with 'Weekly earnings as the dependent variable, select the correct statement, Select one: a.The average
Based on the final regression statistics (from Project 1) and with 'Weekly earnings as the dependent variable, select the correct statement,
Select one:
a.The average error when using the model to predict "Weekly earnings" is $272.28.
b.There is a 25% chance the model is wrong.
c.The average error when using the model to predict "Weekly earnings" is 75%.
d.The average error when using the model to predict "Weekly earnings" is 25%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
