Question

How much "statistical significance" do you need to feel confident in regression results? What could potentially affect those results and make them misleading, i.e., appear to be stronger than they are? Explain, discuss.

Answer 1

Answer:

To feel certain about the after effect of regression investigation, it is basic that the outcome ought to be around 95% certainty level.

There can be two circumstances that can be identified with the regression investigation, if the result is under indicated or over determined.

In both the circumstances, the model would yield a one-sided result or expanded standard error in the expectation that will additionally enlarge the certainty level for the investigation.