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Which of the following is true? A.The predictive power of an independent variable comes from the...

Which of the following is true?

A.The predictive power of an independent variable comes from the level of correlation that it has with the dependent variable.

B. If you have a variable with several categories like days of the week, there is no way that you can convert the categories to a quantitative variable.

C. All of the answers on this list are true. If the p-value for an independent variable is lower than 0.05, then we should discard that variable from the model.

D. Adjusted R squared is the amount of correlation between X and Y.

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Answer #1

Correct Answer:

A

A strong correlation between the independent variable and dependent variable, helps independent variable to strongly affect and predict the dependent variable and vice versa.

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