Online Access Free 8007 Practice Test
| Exam Code: | 8007 |
| Exam Name: | Exam II: Mathematical Foundations of Risk Measurement - 2015 Edition |
| Certification Provider: | PRMIA |
| Free Question Number: | 133 |
| Posted: | Jun 06, 2026 |
A simple linear regression is based on 100 data points. The total sum of squares is 1.5 and the correlation between the dependent and explanatory variables is 0.5. What is the explained sum of squares?
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