Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. throughout the course, you have studied and used t

Throughout the course, you have studied and used tools and techniques that have underlying statistical theory...

90.2K

Verified Solution

Question

Statistics

Throughout the course, you have studied and used tools andtechniques that have underlying statistical theory and assumptions.Regression is no different. Haphazard application of regressionanalysis, as with any type of statistical technique, can lead toresults that are inaccurate and that, even worse, can get you oryour employer into trouble (whether that trouble involves productfaults, legal issues, or simply wasted time and money). Thus, youmust always be cognizant of the conditions of the problem as theyrelate to the assumptions and theory associated with yourapplication of regression techniques.

Regression analysis is a statistical procedure, and it requiresthat certain assumptions be satisfied if you are to correctlyinterpret the results.

1. Which assumptions, if violated, can cause the greatest biasin the results of the regression analysis? Why?

Answer & Explanation Solved by verified expert
4.2 Ratings (653 Votes)
1 Linear and AdditiveIf we try to fit a linear model into a nonlinear and nonadditive data set then in that case regression algorithm will fail in capturing this trend mathematically So this will result in inefficient model and create erroneous predictions over unseen data set 2    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the tangential and normal components of the acceleration vector. ? (?) = ? ? ??+...

Basic Math
Q

Describe one example of an organism that lives in an extreme environment (know as extremophiles). What...

Biology
Q

Consider the following reaction : Fe3+ (aq) + SCN- (aq) ---> Fe(SCN)2+ (aq) Starting with 4.00 mL of...

Chemistry
Q

Central Nervous System Discussion The concept of synaptic pruning is discussed on page 730 in the course...

Medical Sciences
Q

The reaction A → B + C is known to be first order in A....

Chemistry
Q

Choose the best choice In terms of gender and peer relationships, boys are more likely than girls...

Psychology
Q

in regard to seeing improvement in a child behavior, do you think there are other influences that...

Psychology
Q

34 Find the equation of the line with the given slope and through the given...

Algebra
Q

Lehman Corporation purchased a machine on January 2, 2017, for $4,000,000. The machine has an...

Accounting
Q

Superior Markets, Inc., operates three stores in a large metropolitan area. A segmented absorption costing...

Accounting
Q

(S in millions) No sales Net income Operating cash flows Total assets, beginning Total assets,...

Accounting
Q

TufStuff, Inc., sells a wide range of drums, bins, boxes, and other containers that are...

Accounting