Question: What is a fitted value for a multiple regression model and the data that is used to create it? Select one. a)It is a statistic
What is a fitted value for a multiple regression model and the data that is used to create it? Select one.
a)It is a statistic that explains the relationship between response and predictor variables.
b)It is a statistic that is used to evaluate the significance of the multiple regression model.
c)It is the predicted value of the response variable using the multiple regression model.
d)It is the difference between the actual value of the response variable and the corresponding predicted value (regression error) using the multiple regression model.
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