Question

Can any linear regression model be checked for model adequacy by statistical testing for lack of...

Can any linear regression model be checked for model adequacy by statistical testing for lack of fit or goodness of fit? Why or why not? Please provide your answer with detailed justification

Homework Answers

Answer #1

In general, a model fits the data well if the differences between the observed values and the model's predicted values are small and unbiased. Before you look at the statistical measures for goodness-of-fit, you should check the residual plots.Lack of Fit tells us whether a regression model is a poor model of the data. ... If unusually large residuals or errors appear when fitting the model, we know we have lack-of-fit.

To avoid from poor model of the data we need to statistical testing for goodness of fit.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In the General Linear Model the actual statistical model (e.g. linear regression, analysis of variance, etc.)...
In the General Linear Model the actual statistical model (e.g. linear regression, analysis of variance, etc.) performed is determined by: A) The user indicating the specific model to be run by entering a key word: “regression”, “analysis_of_variance”, etc. B) The number and type of the explanatory variables C) The number (but not the type) of the explanatory variables D) The total number of data points included in the model
What is the assumption of linearity in a logistic regression model? How can this be checked?
What is the assumption of linearity in a logistic regression model? How can this be checked?
A multiple linear regression model with 2 regressors is fit to a data set of 45...
A multiple linear regression model with 2 regressors is fit to a data set of 45 observations. If SSE=220SSE=220 and the FF statistic for testing the significance of this model is 19.5, then to three decimal places, the coefficient of multiple determination is R^2=
In any regression model, p denotes the number of explanatory variables in the model. In simple...
In any regression model, p denotes the number of explanatory variables in the model. In simple linear regression (SLR), p=1. True/False? When testing whether the slope of a explanatory variable is 0 or not in context of multiple regression, what distribution is used to determine the p-value? standard normal distribution / t distribution with n−1 degrees of freedom / t distribution with n−2 degrees of freedom / t distribution with n−p−1 degrees of freedom ? In multiple regression, there is...
When creating linear regression models, can we go ahead and create the model without any tansformation...
When creating linear regression models, can we go ahead and create the model without any tansformation if our variable Y is constrained to the interval [0,1]?
Given the other statistical tests discussed so far, what strengths does linear regression provide that the...
Given the other statistical tests discussed so far, what strengths does linear regression provide that the other tests do not? Identify a peer-reviewed study that uses linear regression in its analysis. Explain why linear regression was used and discuss one challenge in interpreting the results.
1. What type of mathematical description can NOT refer to the linear regression model Select one...
1. What type of mathematical description can NOT refer to the linear regression model Select one or more: a. a linear equation b. a sytem of linear equations c. a collection of random variables d. a sytem of an equation and inequalities 2. Linear regression is the most complicated form of regression. Select one: True False 3. What type of regression is this? Fast and easy to model and is particularly useful when the relationship to be modeled is not...
A simple linear regression model relating a bank lending interest rate and investment in physical capital...
A simple linear regression model relating a bank lending interest rate and investment in physical capital by companies is stated as: Which variable (lending interest rate or investment in physical capital) do you think should be the dependent variable in this regression model? Please justify your answer.                                                        [2 points] What sign would you expect for the slope of this regression model for interest rate and investment in physical capita? Please justify your answer.                 [2 points]         What is the role...
The statistical model for simple linear regression is written as μy = β0 + β1*x, where...
The statistical model for simple linear regression is written as μy = β0 + β1*x, where μy represents the mean of a Normally distributed response variable and x represents the explanatory variable. The parameters β0 and β1 are estimated, giving the linear regression model defined by μy = 70 + 10*x , with standard deviation σ = 5. (multiple choice question) What is the distribution of the test statistic used to test the null hypothesis H0 : β1 = 0...
Using a calculator or statistical software, find the linear regression line for the data in the...
Using a calculator or statistical software, find the linear regression line for the data in the table below. Enter your answer in the form y=mx+b, with m and b both rounded to two decimal places. x y 3 6.17 4 5.77 5 4.97 6 7.21 7 5.89 8 9.74 9 9.3 10 8 11 8.88 Provide your answer below:
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT