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Question
For the same set of observations on a specified dependent variable, two different independent variables were used to develop two separate simple linear regression models. A portion of the results is presented below.
Based on the results given above, we can conclude that
A. a prediction based on Model 1 is better than a prediction based on Model 2.
B. a prediction based on Model 2 is better than a prediction based on Model 1.
C. there is no difference in the predictive ability between Model 1 and Model 2.
D. there is not sufficient information to determine which of the two models is superior for prediction purposes.
Answer
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