Question: Why do we use matrices to describe multiple regression models? Multiple regression models have constant terms and simple regression models do not. Multiple regression models
| Why do we use matrices to describe multiple regression models? |
| Multiple regression models have constant terms and simple regression models do not. |
| Multiple regression models have standard errors and simple regression models do not. |
| Matrices clearly show how regression coefficients and standardard errors are estimated. |
| All answers are correct. |
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