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Business Analytics · Quiz 2 · 4 Aug 2024 · May 2024 term

Question 21: A multiple linear regression model, as specified below i…

Question 21

+1 markNumerical answer

A multiple linear regression model, as specified below is fit on a data set with 50 data points.

Then answer the given subquestions

If the SSE and SST for the model are 900 and 1400 respectively, then what is the value for the model’s F-statistic? (Note: Enter the answer rounded to two decimal places. For example, if the answer is “1.234”, then enter it as “1.23”)

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Correct answer: 8.6 (accepted within ±0.2)

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Question 21 of 22 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 2 paper sat on 4 Aug 2024, in the May 2024 term (IIT M DIPLOMA AN EXAM QDD2 4 Aug 2024). It carries 1 mark.

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