Question

Two variables are said to be ________ if they move together. procyclical spurious correlated co-dependent The...

Two variables are said to be ________ if they move together.

procyclical

spurious

correlated

co-dependent

The goodness of the fit of a line is measured by the

R2 statistic.

standard error.

t-statistic.

unbiased coefficient.

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Answer #1

Ans: Two variables are said to be correlated if they move together.

Explanation:

Two variables are said to be correlated if they move together either in same direction or opposite direction.If the two variables moves in opposite direction then it will show a negative relationship between two variables and vice versa.

Ans: The goodness of the fit of a line is measured by the R2 statistic.

Explanation:

R2 statistic is used in regression analysis.

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