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University of the Fraser Valley STATS MISC Chapter 12 1) Why use ANOVA when you could just run many sets of t-test? (Think about practical considerations, as well as statistical considerations

Business May 02, 2021

University of the Fraser Valley

STATS MISC

Chapter 12

1) Why use ANOVA when you could just run many sets of t-test? (Think about practical considerations, as well as statistical considerations.)

 

 

2.  Explain the difference between R and R-Squared. Is there a "good" R-square? Explain using an example.

 

 

 

 

3. How much “statistical significance” do you need to feel confident in regression results? What could potentially affect those results and make them misleading, ie., appear to be stronger than they are? Explain, discuss.

 

 

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