What is a fitted value for a multiple regression model and the data that is used to create it? Select one. It is the predicted value of the response variable using the multiple regression model. It is the difference between the actual value of the response variable and the corresponding predicted value (regression error) using the multiple regression model. O It is a statistic that is used to evaluate the significance of the multiple regression model. O It is a statistic that explains the relationship between response and predictor variables.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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What is a fitted value for a multiple regression model and the data that is used to
create it? Select one.
O It is the predicted value of the response variable using the multiple regression
model.
It is the difference between the actual value of the response variable and the
corresponding predicted value (regression error) using the multiple regression
model.
It is a statistic that is used to evaluate the significance of the multiple regression
model.
It is a statistic that explains the relationship between response and predictor
variables.
Transcribed Image Text:What is a fitted value for a multiple regression model and the data that is used to create it? Select one. O It is the predicted value of the response variable using the multiple regression model. It is the difference between the actual value of the response variable and the corresponding predicted value (regression error) using the multiple regression model. It is a statistic that is used to evaluate the significance of the multiple regression model. It is a statistic that explains the relationship between response and predictor variables.
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