Based on the hands on card “ OLS in Python Statsmodels” What is the value of the

estimated coef for variable RM ?

9.1021 -- Correct

Based on the hands on card “ OLS in Python Statsmodels”What is the value of the
constant term ?
-34.6706 -- Correct

Based on the hands on card “ OLS in Python Statsmodels” What is the adjusted R sq
value ?
0.483 -- Correct

Based on the hands on card “ OLS in Python Statsmodels” What is the value of R sq ?
0.484 -- Correct

Based on the hands on card “ OLS in Python Statsmodels” How many observations are
there in the dataset ?
506 -- Correct

***********************************************************************************
*************************************

Based on the hands on card “MLR Hands On” Perform a correlation among all the
independent variables . What is the correlation between variables NOX and DIS ?
-0.76923 -- Correct

Based on the hands on card “MLR Hands On” What is the P>|t| value for the 'INDUS'
variable ?
0.731 -- Correct

Based on the hands on card “MLR Hands On” What is the standard error for the
constant term ?
5.104 -- Correct

Based on the hands on card “MLR Hands On” What is the value of the estimated coef
for the constant term ?
36.4911 -- Correct

Based on the hands on card “MLR Hands On” what is the value of R sq ?
0.741 -- Correct

***********************************************************************************
*************************************

Regression can show causal relationship between two variables.

False -- Correct

In Multi Variable regression you predict one variable using more than one variable
True -- Correct

The SSE depends on the number of observations in the data set

True -- Correct

__________ means predicting one variable from another.

Regress -- Correct

What is the process of removing the mean and dividing the value by the standard
deviation
Standatdization -- Correct
__________ is a unit less quantity
R Square -- Correct

When two or more variables are correlated in a Multiple Regression Model , it is

called as ____________
Multi Collinearity -- Correct

What is the process of rescaling the values in the range [0,1]

Normalization -- Correct

What is the formula for root means square error ?

sqrt(SSE/n) -- Correct

It is advised to omit a term that is highly correlated with another while fitting a
Multiple Regression Model
True -- Correct

When more variables are added in Multi Variable Regression the marginal improvement
decreases as each variable is added. This term is called ?
Law of Diminishing Returns -- Correct

R Square Value can be greater than zero

False -- Correct

Arithmetic Mean can be used as a prediction measure.

True -- Correct

What is the sum of standard error for the baseline model ?

SST -- Correct

SSE is _________ for the Line of Best Fit and _______ for the baseline model
Small , Big -- Correct

It is advised to go for a simpler model while fitting multiple regression for a

dataset
True -- Correct

What is the term that represents the difference between actual and predicted value
called ?
Residual -- Correct

What is the basic property of the model of best fit ?

Minimize Error -- Correct

By adding multiple variables in Multi Variable Regression , the model accuracy

_____________
Increases -- Correct

Sum of Squared error is a measure of standard for a Regression Line

True -- Correct

What is the good range of correlation values to include in the regression model
-0.7 to + 0.7 -- Correct

What is the quantity that measures the strength of relationship between two
variables ?
Correlation -- Correct
pr(>|t|) term signifies how likely the estimated value is zero
True -- Correct

It is OK to discard theoretical considerations for Statistical Measures

False -- Correct