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R2.51: A Green Belt is creating a regression model for estimation. He thinks that one has...

R2.51: A Green Belt is creating a regression model for estimation. He thinks that one has to determine the closeness of the calculated z-scores to the actual coefficient values for the population. The error in his thinking is that:

A. It is easy to calculate coefficient values

B. The coefficient values should be compared against the population

C. He should calculate z-scores for the coefficient values

D. The calculated values should be closely aligned when compared to the population.

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Answer #1

Option(d) is the answer.

Reason:

Given that a Green Belt is creating a regression model for estimation.

He thinks that one has to determine the closeness of the calculated z-scores to the actual coefficient values for the population. The error in his thinking is that the calculated values should be closely aligned when compared to the population.

Therefore, Option(d) is the answer.

thank you.

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