Question

Although it is possible to make inferences about the regression as a whole, it is not possible to make inferences about the estimated regression coefficients. This are True or False

Answer 1

Answer:

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Explanation:

Answer 2

Although it is possible to make inferences about regression as a whole, it is not possible to make inferences about the estimated regression coefficients. - False

• One of the fundamental goals of regression analysis is to make assertions about the estimated regression coefficients.
• The link among the independent and dependent variables is typically represented by these coefficients, which may be used to predict the response for a certain set of predictor values.
• The relative significance of each predictor in explaining the variation in the response can also be ascertained using the coefficients.
• Assessing the estimates' level of uncertainty and establishing if they are significantly different from zero are few of the steps involved in drawing conclusions about the coefficients.
• Although conclusions about regression as a whole can be drawn, it is more difficult to draw conclusions about the calculated regression coefficients.

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