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Chapter 4: Q.4.123 (page 189)

A value ofrcloses to -----indicates that the regression equation is is extremely useful for making predictions.

Short Answer

Expert verified

A value of rcloses to ±1indicates that the regression equation is is extremely useful for making predictions.

Step by step solution

01

Step-1 Given Information

we have to fill the blank in " value of r closes to -----indicates that the regression equation is is extremely useful for making predictions.

02

Step-2 Explanation

When the value of r approaches ±1, the regression equation is particularly useful for generating predictions.

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