Difference between simple and multiple regression equation

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1. What is the difference between a simple and a multiple regression equation?

2. Give an example of a multiple regression problem and identify the terms in the equation.

3.  How does the multiple correlation coefficient R2 for the sample help us in- terpret a multiple regression problem?

4.  A regression problem with five predictor variables results in an R2 value of 0.75. Interpret the finding.

Reference no: EM13953003

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