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Regression Analysis
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 “ OLS in Python Statsmodels” What is the value of R sq
(uncentered)?
0.901 -- Correct
Based on the hands on card “ OLS in Python Statsmodels” What is the value of the
coef for variable RM ?
3.6534 -- Correct
Based on the hands-on card “ OLS in Python Statsmodels” What is the value of R sq
(uncentered)?
0.901 -- Correct
Based on the hands-on card “ OLS in Python Statsmodels” What is the value of the
standard error for the value RM?
0.419 -- Correct
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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
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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
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
