Does anyone know how p value of Actual by Predicted Plot in Fit Model platform?
HiAfter running a linear regression using the Fit Model platform, JMP displays P value (as P), RSq and RMSE on the bottom of the a Actual by Predicted Plot. I would like to understand how P value is calculated and what it means.I ask this because in a simple Y =aX+b case, the p value is identical to the p value of the X but if there are more Xs (e.g. Y = aX1+ bX2 + c) then, p value is something el...