Asked by Ray

In order to predict y-values using the equation of a regression line, what must be true about the correlation coefficient of the variables?

A. The correlation between variables must be an x-value of a point on the graph.

B. The correlation between variables must be significant.

C. The correlation between variables must be a y-value of a point on the graph.

D. The correlation between variables must be greater than zero.

Answers

Answered by Steve
So, what does the correlation coefficient tell you about the accuracy of the regression line?
Answered by Ray
Well we only use the regression line for predictions if the regression is a reasonable fit for the data, the correlation coefficient is significant, and the data for the predicted values do not go beyond the scope of the data used to estimate the regression.

B
Answered by Steve
I agree
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions