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ICBB Exam - Question 11


Which statement(s) are most correct for the Regression Analysis shown here?

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Correct Answer: C

The regression analysis provided indicates that the model has an R-Sq value of 98.6% and an R-Sq (adjusted) value of 98.2%, signifying that the model explains over 98% of the variation in Turbine Output. The term 'Simple Linear Regression' in option C does not apply, as this is a Multiple Linear Regression, but the percentage of explained variation stated in the option is correct.

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InvisibleBeingOption: B
Jun 9, 2023

B is the correct answer. The reason why C is incorrect = Simple linear regression is used to model the relationship between two continuous variables. In this example we have more than two (total 3) independent variables