Question: True/False: nganExample 2.8 uses simple linear regression analysis as a trend to predict the OB/GYN patient Visits in the 6th year with past 5year data.

True/False: nganExample 2.8 uses simple linear regression analysis as a trend to predict the OB/GYN patient Visits in the 6th year with past 5year data. (Only trend analysis can predict more than one tmre period if past data covers more periods.) In Figure 2.13, the F -test P-Value, 0.0150336 and the PValue for Period, t, 0.015034 are the same (when there is only one predictor variable) and less than 5%, the most commonly used signicance level, 0:. This means we can use the regression equation, Visits = 18006.6 1410.2 (Period) to predict the number of Visits in the 6th year
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
