Which of the following is the correct procedure order to obtain a better linear
ID: 1162858 • Letter: W
Question
Which of the following is the correct procedure order to obtain a better linear regression function for estimation after Excel operation?
Check r2 (Good fit or not) ? F test? t test
F test? t test? Check r2 (Good fit or not)
Check r2 (Good fit or not) ? t test? F test
t test? F test? Check r2 (Good fit or not)
Your demand on the textbook in this course is quite price-inelastic because
it has no close substitute.
it is expensive.
it is not important.
it takes a whole semester to consume.
Check r2 (Good fit or not) ? F test? t test
F test? t test? Check r2 (Good fit or not)
Check r2 (Good fit or not) ? t test? F test
t test? F test? Check r2 (Good fit or not)
Your demand on the textbook in this course is quite price-inelastic because
it has no close substitute.
it is expensive.
it is not important.
it takes a whole semester to consume.
Explanation / Answer
My demand is inelastic because this textbook is a necessity for me.Therefore,no matter how the price is, I will purchase the book.
Answer-B cause it is important
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