True or false? If the statement is false, use one or two sentences to

khi1la2f1qv

khi1la2f1qv

Answered question

2021-11-12

True or false? If the statement is false, use one or two sentences to justify your answer.
Assuming that other factors are constant, a correlation of r=-0.95 will result in less accurate predictions than a correlation of r=+0.70.
In regression analysis, at least an actual (observed) data point is located on the regression line.

Answer & Explanation

Royce Moore

Royce Moore

Beginner2021-11-13Added 17 answers

Step 1
The negative correlation indicates that the relationship between x and y is inverse in nature and slope of the regression line is negative. The value of R2, is always positive, is used to determine to fit of the model, that is, it gives less or more accurate predictions.
So, it is false that a correlation of r=0.95 will result in less accurate predictions than a correlation of r=+0.70.
Step 2
In regression analysis, it is necessary that at least an actual (observed) data point is located on the regression line. This usually happens when the fit of model is poor. So, the statement is false.

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