Suppose we fitted a least squares regression line and obtained and r2 = 0.97. Which of the following three statements are true? Our linear regression model will correctly predict y 97% of the time....









Suppose we fitted a least squares regression line and obtained and r2 = 0.97. Which of the following three statements are true?




  1. Our linear regression model will correctly predict
    y
    97% of the time.

  2. About 97% of the variation in
    y
    can be explained by a linear relationship with
    x.


  3. y
    and
    x
    have a strong positive correlation.

  4. none of the above



Jun 11, 2022
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