Knowee
Questions
Features
Study Tools

The contribution of an independent variable to a multiple regression model is measured by (a) SSR( Xj | all variables including j) (b) SSR( Xj | all variables excluding j) (c) SSR(all variables including j) – SSR(all variables except j) (d) Both (b) and (c)

Question

The contribution of an independent variable to a multiple regression model is measured by (a) SSR( Xj | all variables including j) (b) SSR( Xj | all variables excluding j) (c) SSR(all variables including j) – SSR(all variables except j) (d) Both (b) and (c)

🧐 Not the exact question you are looking for?Go ask a question

Solution

The contribution of an independent variable to a multiple regression model is measured by (b) SSR( Xj | all variables excluding j) and (c) SSR(all variables including j) – SSR(all variables except j). So, the correct answer is (d) Both (b) and (c).

Here's why:

(a) SSR( Xj | all variables including j) is not correct because it measures the sum of squared residuals when Xj is included with all other variables. It doesn't isolate the contribution of Xj.

(b) SSR( Xj | all variables excluding j) is correct because it measures the sum of squared residuals when Xj is considered alone, without the influence of other variables. This gives us an idea of how much Xj contributes to the model.

(c) SSR(all variables including j) – SSR(all variables except j) is also correct because it measures the reduction in the sum of squared residuals when Xj is added to the model. This gives us another way to quantify the contribution of Xj.

So, the contribution of an independent variable to a multiple regression model is best measured by both (b) and (c).

This problem has been solved

Similar Questions

In regression analysis, the independent variable is ___.Group of answer choicesused to predict the dependent variableused to predict the independent variableused to predict other independent variablescalled the intervening variable

In regression analysis, the independent variable is ___.Group of answer choicesused to predict the dependent variableused to predict the independent variableused to predict other independent variablescalled the intervening variable PreviousNext

An analyst observes a positive relationship between digital marketing expenses and online sales for a firm. However, she intuitively feels that she should add an additional predictor variable, one that has a high correlation with marketing expenses.If the analyst adds this independent variable to the model, which of the following can happen?Note: Multiple options can be correct.The model’s R-squared could decrease.The model’s adjusted R-squared could decrease.The beta-coefficient for the predictor digital marketing expenses will remain the same.The relationship between marketing expenses and sales could become insignificant.

Multiple regression models that use _____ independent variable(s).Multiple choice question.more than oneone or fewernothree

A multiple regression has a sample of 16 with 3 independent variables. Given SSE = 180 and SSR = 90 what is the value of the F test statistic used to test the significance of the overall multiple regression model.

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.