PRMIA Exam 8007 Topic 1 Question 60 Discussion

Actual exam question for PRMIA's 8007 exam

Question #: 60
Topic #: 1

Which of the following can be used to evaluate a regression model?

(i) Magnitude of R2

(ii) Magnitude of TSS (total sum of squares)

(iii) Tests for statistical significance

(iv) Sign and magnitude of each regression parameter

A(i) and (iv)

B(i), (ii), and (iii)

C(i), (iii), and (iv)

D(i), (ii), (iii), and (iv)

Show Suggested Answer

Suggested Answer: C

by Maryann at Oct 04, 2023, 05:03 PM

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