Author Question: Which regression estimation technique is based on the logic of how much better a regression line can ... (Read 63 times)

cool · **on:** Jun 28, 2018

Which regression estimation technique is based on the logic of how much better a regression line can predict values of Y compared to simply using the mean as a prediction for all observations, no matter what the value of X may be?
a. visual estimation
b. maximum likelihood
c. coefficient of determination
d. ordinary least squares (OLS)

Question 2

Marketing management is involved throughout the new product development process.
a. True
b. False
Indicate whether the statement is true or false