A disadvantage of using the regression analysis method is that it provides only one statistic to evaluate the data.

Question

Quizplus · Accepted Answer

While regression analysis does provide a single statistic (the coefficient of determination, or R-squared value) to evaluate the relationship between variables, it also provides additional information such as the individual coefficients of the independent variables and the significance of the model overall. Therefore, the statement is false.

A Disadvantage of Using the Regression Analysis Method Is That