Question: =+5.32 Explain why it can be dangerous to use the leastsquares line to obtain predictions for x values that are substantially larger or smaller than

=+5.32 Explain why it can be dangerous to use the leastsquares line to obtain predictions for x values that are substantially larger or smaller than those contained in the sample.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Statistics Principles And Methods Questions!