Model specification is the process of determining how well a forecasting model fits the past data. ...

Model specification is the process of determining how well a forecasting model fits the past data.
 
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Q. 2

Where there are two independent variables in a multiple regression, the regression equation forms a plane.
 
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Q. 3

In conducting a hypothesis test for a correlation, the correct probability distribution to use is the F distribution.
 
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Q. 4

Contingency analysis is used only for numerical data.
 
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Q. 5

The three components of the regression model-building process are model specification, model fitting, and model diagnosis.
 
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