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4 Cards in this Set
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t-test
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Tests the statistical significance of each parameter estimate separately
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F-test
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Tests the statistical significance of the overall regression model (of you are testing all
parameter estimates jointly) |
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order of analysis
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1) Write out the estimated equation
2) Check the R-square value 3) Perform the F-test for overall statistical significance 4) Perform the t-test for each individual parameter estimate |
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coefficient of determination (R^2)
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the fraction of total variation in the dependent variable explained by the regression equation
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