Question

Bob thinks there is something wrong with excel's fitted regression. what do you say? select one:

a. bob needs to increase his sample size to decide.

b. the estimated equation is obviously incorrect.

c. the relationship is linear, so the equation is credible.

d. the r2 looks a little high but otherwise it looks ok.

Answer 1

Explanation:

Answer 2

Option-(A,C): Bob needs to increase his sample size to decide and as the relationship is linear, so the equation is credible.

Explanation:

We, have the equation as the most credible just because it is linear in nature and it provides with the most valid answer for the given equations. But, bob requires to increase the sample's size to decide and proceed with the equation.