Use the partial SAS output provided below to the question. After the variable ERA has been excluded from the model, Model 3 was tested. The partial SAS print below provides information about model 3. The estimated regression line is Wins = 72.96 + 0.64 Saves + 15.30Runs -63.53 WHIP Obs Wins ERA Saves Runs Batting HRs WHIP 26 88 3.90 48 4.21 0.259 156 1.263 True or False: The estimated value of Wins is equal to 87.85 and the residual is equal to 0.004. Which means that this data point is almost on the regression line. (use 2 decimal places) True False
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Given statement
Estimated value of wins is equal to 87.85 and residual is equal to 0.004
Residual is the difference of actual value and the predicted value
Residual = actual – predicted =0.004
Difference is very very small
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