Final answer:
To determine if the linear regression model is good, you would look at R-Square and Residual graphs in the output of PROC REG.
Step-by-step explanation:
To determine if the linear regression model is good, you would look at R-Square and Residual graphs in the output of PROC REG.
R-Square measures the proportion of the variation in the dependent variable that can be explained by the independent variable. A high R-Square value (close to 1) indicates a good fit of the regression model.
Residual graphs help to assess the residuals (the differences between the observed and predicted values) for any patterns or deviations from randomness. If the residuals are randomly scattered around zero, it suggests a good fit of the model.