Scribd
Upload
123 views2 pages

Regression Analysis Q A

This document contains questions and answers about regression analysis based on hands-on cards in Python's Statsmodels library. It addresses topics like estimating coefficients, standard errors, R-squared values, and number of observations from an OLS regression, as well as correlation between independent variables, P-values, and other regression concepts. All questions are multiple choice and include the correct answer.

Uploaded by

Ankur Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
123 views2 pages

Regression Analysis Q A

This document contains questions and answers about regression analysis based on hands-on cards in Python's Statsmodels library. It addresses topics like estimating coefficients, standard errors, R-squared values, and number of observations from an OLS regression, as well as correlation between independent variables, P-values, and other regression concepts. All questions are multiple choice and include the correct answer.

Uploaded by

Ankur Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Regression Analysis Q&A

Published by careers On 23 May 2020 Leave a response

Based on the hands on card “ OLS in Python Statsmodels” What is the value of the
estimated coef for variable RM ?
9.1021 — Correct

Based on the hands on card “ OLS in Python Statsmodels”What is the value of the
constant term ?
-34.6706 — Correct

Based on the hands on card “ OLS in Python Statsmodels” What is the adjusted R
sq value ?
0.483 — Correct

Based on the hands on card “ OLS in Python Statsmodels” What is the value of R
sq ?
0.484 — Correct

Based on the hands on card “ OLS in Python Statsmodels” How many observations
are there in the dataset ?
506 — Correct

Based on the hands on card “MLR Hands On” Perform a correlation among all the
independent variables . What is the correlation between variables NOX and DIS ?
-0.76923 — Correct

Based on the hands on card “MLR Hands On” What is the P>|t| value for the
‘INDUS’ variable ?
0.731 — Correct

Based on the hands on card “MLR Hands On” What is the standard error for the
constant term ?
5.104 — Correct

Based on the hands on card “MLR Hands On” What is the value of the estimated
coef for the constant term ?
36.4911 — Correct

Based on the hands on card “MLR Hands On” what is the value of R sq ?
0.741 — Correct

Regression can show causal relationship between two variables.


False — Correct

In Multi Variable regression you predict one variable using more than one
variable
True — Correct

The SSE depends on the number of observations in the data set


True — Correct

__ means predicting one variable from another.


Regress — Correct

What is the process of removing the mean and dividing the value by the standard
deviation
Standatdization — Correct

__ is a unit less quantity

This study source was downloaded by 100000797727937 from CourseHero.com on 04-01-2023 06:50:21 GMT -05:00

https://www.coursehero.com/file/74496379/Regression-Analysis-QAtxt/
R Square — Correct

When two or more variables are correlated in a Multiple Regression Model , it is


called as __
Multi Collinearity — Correct

What is the process of rescaling the values in the range [0,1]


Normalization — Correct

What is the formula for root means square error ?


sqrt(SSE/n) — Correct

It is advised to omit a term that is highly correlated with another while


fitting a Multiple Regression Model
True — Correct

When more variables are added in Multi Variable Regression the marginal
improvement decreases as each variable is added. This term is called ?
Law of Diminishing Returns — Correct

R Square Value can be greater than zero


False — Correct

Arithmetic Mean can be used as a prediction measure.


True — Correct

What is the sum of standard error for the baseline model ?


SST — Correct

SSE is _ for the Line of Best Fit and _ for the baseline model
Small , Big — Correct

It is advised to go for a simpler model while fitting multiple regression for a


dataset
True — Correct

What is the term that represents the difference between actual and predicted
value called ?
Residual — Correct

What is the basic property of the model of best fit ?


Minimize Error — Correct

By adding multiple variables in Multi Variable Regression , the model accuracy _


Increases — Correct

Sum of Squared error is a measure of standard for a Regression Line


True — Correct

What is the good range of correlation values to include in the regression model
-0.7 to + 0.7 — Correct

What is the quantity that measures the strength of relationship between two
variables ?
Correlation — Correct

pr(>|t|) term signifies how likely the estimated value is zero


True — Correct

It is OK to discard theoretical considerations for Statistical Measures


False — Correct

This study source was downloaded by 100000797727937 from CourseHero.com on 04-01-2023 06:50:21 GMT -05:00

https://www.coursehero.com/file/74496379/Regression-Analysis-QAtxt/
Powered by TCPDF (www.tcpdf.org)

You might also like