In multiple regressions,a large value of the test statistic F indicates that most of the variation in Y is unexplained by the regression equation and that the model is useless.A small value of F indicates that most of the variation in Y is explained by the regression equation and that the model is useful.

Question

Quizplus · Accepted Answer

The statement is not true. A large value of the test statistic F actually indicates that most of the variation in Y is explained by the regression equation and that the model is useful. Conversely, a small value of F indicates that most of the variation in Y is unexplained by the regression equation and that the model may not be useful.

In Multiple Regressions,a Large Value of the Test Statistic F