Question

In: Statistics and Probability

(v) Why are errors squared in a regression? a. to give more weight to smaller errors...




(v) Why are errors squared in a regression? a. to give more weight to smaller errors b. because summing positive and negative errors will cancel them out c. multiplying positive and negative errors will always result in negative numbers d. errors are not actually squared in a regression   

(vi) The best linear prediction rule is the one that has the least a. error when predicting from the mean. b. squared error when predicting from the mean. c. error when predicting using that rule. d. squared error when predicting using that rule.   

(vii) The sum of the squared errors when predicting from the mean is called a. SSError. b. proportionate reduction in error. c. SSTotal. d. proportion of variance accounted for.   

(viii) What is the formula for the proportionate reduction in error? a. (SSError – SSTotal) / SSError b. (SSError + SSTotal) / SSError c. (SSTotal – SSError) / SSTotal d. SSTotal / (SSError + SSTotal)

(ix) What does it mean when SSTotal minus SSError equals zero? a. This is the best case—it means there is zero error. b. This is the worst case—it means the prediction model has reduced zero error. c. The proportionate reduction in error is 50%. d. The underlying correlation is negative.   

(x) When drawing a regression line for a linear prediction rule, the minimum number of predicted points on a graph that must be located is a. 1. b. 2.   
Homework – Chapter 12. Student name:____________________
7
c. 1 if it is a positively sloped line; 2 if it is a negatively sloped line. d. 2 if it is a positively sloped line; 1 if it is a negatively sloped line.   

Solutions

Expert Solution

Solution:

v) Why are errors squared in a regression?

Answer: b. because summing positive and negative errors will cancel them out

The squaring is necessary only to remove any negative signs. It also gives more weights to larger differences.

vi) The best linear prediction rule is the one that has the least

Answer: d. squared error when predicting using that rule.   

This minimizes the amount of variation in the data points from the line.

vii)The sum of the squared errors when predicting from the mean is called

Answer: c.SStotal

The sum of squares of all observation is a measure of how a data set varies around a central number.

viii)What is the formula for the proportionate reduction in error?

Answer:c. (SSTotal – SSError) / SSTotal

ix) What does it mean when SSTotal minus SSError equals zero?

Answer:b. This is the worst case—it means the prediction model has reduced zero error.

x) When drawing a regression line for a linear prediction rule, the minimum number of predicted points on a graph that must be located is

Answer: b. 2


Related Solutions

The regression line minimizes the sum of the squared errors True o false F significance is...
The regression line minimizes the sum of the squared errors True o false F significance is used to determine how fit is the model True o false The best model is a statistically significant model with a high r-square and few variables True o false The exponential smoothing with trend model uses two smoothing constants, one constant works as in the exponential smoothing model and the other adjusts the line for presence of a trend True o false An exponential...
Define the following terms and give an example when appropriate. Regression equation Correlation coefficient R squared...
Define the following terms and give an example when appropriate. Regression equation Correlation coefficient R squared Confidence interval Z-value
In simple linear regression analysis, the least squares regression line minimizes the sum of the squared...
In simple linear regression analysis, the least squares regression line minimizes the sum of the squared differences between actual and predicted y values. True False
Determine the regression equatoin for this multiple regression model. Also calculate the adjusted R squared and...
Determine the regression equatoin for this multiple regression model. Also calculate the adjusted R squared and P value. Pedictor Variables/Data Length (inches) Braking (ft from 60 mph) Engine Displacement (liters) GHG 154 133 1.6 6.6 167 132 1.6 6.1 177 136 1.8 6.3 177 138 2 6.6 179 137 2 6.4 188 135 2 8.0 177 126 2 7.7 191 136 2.3 8.0 194 140 2.4 7.7 189 137 2.4 7.3 180 135 2.5 8.3 190 136 2.5 7.1 180...
Which is more appropriate in evaluating a model? R-squared = 51.17 % R-squared (adjusted for d.f.)...
Which is more appropriate in evaluating a model? R-squared = 51.17 % R-squared (adjusted for d.f.) = 50.09 %
Why do we need to use standard errors to estimate the standard deviations of regression coefficients?
Why do we need to use standard errors to estimate the standard deviations of regression coefficients?
What can we expect to happen to R-squared and adjusted R-squared after including an additional explanatory variable to a regression?
What can we expect to happen to R-squared and adjusted R-squared after including an additional explanatory variable to a regression?O Both R-squared and adjusted R-squared will increase.O Both R-squared and adjusted R-squared will decrease.O R-squared will decrease but adjusted R-squared will increase.O R-squared will increase but adjusted R-squared will decrease.O More information is needed to answer.
There are two errors in this code. Identify the errors and give the correct code that...
There are two errors in this code. Identify the errors and give the correct code that will make the program to display the following output: Rectangle: height 2.0 width 4.0 Area of the Rectangle is 8.0 ----- public interface Shape { public double getArea(); } class Rectangle implements Shape { double height; double width; public Rectangle(double height, double width) { this.height=height; this.width=width; } public double getArea() { return height*width; } public String toString() { return "Rectangle: height "+height+" width "+width;...
What are the differences among errors, frauds, and illegal acts? Give an example of each. Why...
What are the differences among errors, frauds, and illegal acts? Give an example of each. Why does the difference matter to us as auditors?
QUESTION BLOCK: Linear Regression and R-squared If we know the value of b, the slope of...
QUESTION BLOCK: Linear Regression and R-squared If we know the value of b, the slope of the regression line, we can accurately guess the value for the correlation coefficient without looking at the scatterplot. True False For a biology project, you measure the weight in grams, and the tail length, in millimeters (mm), of a group of mice. The equation of the least-squares line for predicting tail length from weight is predicted tail length = 20 +3*weight Suppose a mouse...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT