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Evaluate the following statement: ?A very large sample size in a regression

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Evaluate the following statement: ?A very large sample size in a regression problem will always produce useful results.?;1. It will not produce significant results, not necessarily useful results. We might be quite certain that the population correlation coefficient is.05, for example, and then look for another predictor.;2. It might produce significant results, but not necessarily useful results.;3. It will produce significant results, not necessarily useful results. We might be quite certain that the population correlation coefficient is.05, for example, and then look for another predictor.

 

Paper#31712 | Written in 18-Jul-2015

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