The least squares model provides very good estimates of y for values of x far outside the range of x
values contained in the sample.

Name: The least squares model provides very good estimates of y for values of x far outside the range of x values contained in the sample.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

The least squares model is most reliable for interpolation within the range of the sample data. Its predictions for values of x outside this range (extrapolation) are often less accurate and can be highly uncertain.

The Least Squares Model Provides Very Good Estimates of Y