In multiple regression, the intercept must be tested to determine if it is significant. True False...

Question

Question

In multiple regression, the intercept must be tested to determine if it is significant.

True

False

The interpolation forecast represents a forecast using the actual data from which the regression equation was computed.

True

False

Answer 1

Answer #1

ANSWER:

Given that,

1) False, because we usually take the intercept as it without testing it for statistical significance.

2) True,because interpolation uses regression for predicting the values of Y at given values of X.

Answer 2

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