For a set of data: x = (0,1,2,3,4,5,6) and y=(36, 28, 25, 24, 23, 21, 19), is it wise to use a linear regression to extrapolate data for x = 50? Solution: Since the coefficient of determination is...


 For a set of data: x = (0,1,2,3,4,5,6) and y=(36, 28, 25, 24, 23, 21, 19), is it wise to use a linear regression to extrapolate data for x = 50?


Solution:


Since the coefficient of determination is 0.8582, the linear model is a reasonably good fit for the data, so extrapolation for any x-value is acceptable.


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Jun 09, 2022
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