Q.4.123 - Elementary Statistics

Question

A value of $r$ closes to -----indicates  that the regression equation is is extremely useful for making predictions.

Step-by-Step Solution

Answer

A value of $r$ closes to $\pm 1$indicates  that the regression equation is is extremely useful for making predictions.

Step-1 Given Information

we have to fill the blank in " value of  $r$ closes to -----indicates that the regression equation is is extremely useful for making predictions. 

Step-2 Explanation

When the value of $r$ approaches $\pm 1$, the regression equation is particularly useful for generating predictions.