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Is your complete second-order model a statistically useful model for predicting your dependent variable? Justify your response. complete...

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Statistics

Is your complete second-order model astatistically useful model for predicting your dependent variable?Justify your response.

complete model =B0+B1X1+B2(X1)2+B3X2+B4X1X2+B5(X1)2X2

Answer & Explanation Solved by verified expert
3.9 Ratings (456 Votes)
Ohhvery subjective question It is very difficult to decide which model is best for prediction without having the essential information However let me guide you with some points to decide on your own in any situation The whole purpose of the regression analysis is to use one or more variables to predict an outcome Today we will discuss on linear regression starting with checking the overall outcome This step is the most important part of the analysis and it is actually calculated using the F test just like ANOVA Because of this you will see the output in terms of an F value To put the F value in perspective we have to    See Answer
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