Question

Regression analysis typically involves the following steps except: Identify the variables that might predict an outcome. Identify the parameters of the model. Set boundaries or thresholds. Determine the functional form of the relationship.

Answer 1

The choice which isn't one of the steps in regression analysis is; Set boundaries or thresholds.

Regression analysis

A Regression analysis is a statistical computation which involves:

• Identifying the relationship between a dependent variable and one or more independent variables.

• A model of the relationship is hypothesized

• Finally, estimates of the parameter values are used to develop an estimated regression equation.

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