11. Using a regression equation to make predictions for values of the predictor variable outside the range of the observed values of the predictor variable is called ________

Short Answer

Expert verified

Using a regression equation to make predictions for values of the predictor variable outside the range of the observed values of the predictor variable is called extrapolation.

Step by step solution

01

Concept Introduction

Extrapolation:

Extrapolation is when the projected value of yfor a given value of predictor variablexlies outside the range of x.

02

Explanation

Extrapolation is a technique for determining the value of a predictor variable outside of the range of observed values.

Extrapolation is the process of utilizing a regression equation to produce predictions for values of the predictor variable that are outside the range of the observed values of the predictor variable.

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