Number of observations in regression analysis is considered as
A. degree of possibility
B. degree of average
C. degree of variance
D. degree of freedom
Answer: Option D
Solution(By Examveda Team)
Number of observations in regression analysis is considered as degree of freedom. In a regression model, each term is an estimated parameter that uses one degree of freedom. In the regression output below, you can see how each term requires a DF.Related Questions on Costing
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