QUESTION 1 The Simple Linear Regression is fit or constructed to predict a dependent variable. True...
QUESTION 1
-
The Simple Linear Regression is fit or constructed to predict a dependent variable.
True
False
QUESTION 2
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The Coefficient of Determination is used to explain in what percent (%) the independent variable is affecting the dependent variable.
True
False
Homework Answers
Question 1:
The simple regression is used to fit a least square regression line to predict dependent variable.
Answer : true
Question 2:
The Coefficient of Determination is used to explain how much of variation in dependent variable is explained by independent variable.
Answer : true
Add Answer to:
QUESTION 1 The Simple Linear Regression is fit or constructed to predict a dependent variable. True...
Answer both questions please true or false 16. The slope of the simple linear regression equation...
Answer both questions please true or false 16. The slope of the simple linear regression equation represents the average change in the value of the dependent variable per unit change in the independent variable (X). True/False 19. When using simple regression analysis, if there is a strong correlation between the independent and dependent variable, then we can conclude that an increase in the value of the independent variable causes an increase in the value of the dependent variable.
1. In simple linear regression analysis, we assume that the variance of the independent variable (X)...
1. In simple linear regression analysis, we assume that the variance of the independent variable (X) is equal to the variance of the dependent variable (Y) True False 2. The standard deviation of the sampling distribution of the sample mean is the same as the population standard deviation. True False 3. If n=20 and p=.4, then the mean of the binomial distribution is 8 True False 4. If a population is known to be normally distributed, then it follows that...
Applying Simple Linear Regression to Your favorite Data. Many dependent variables in business serve as the...
Applying Simple Linear Regression to Your favorite Data. Many dependent variables in business serve as the subjects of regression modeling efforts. We list such variables here: Rate of return of a stock Annual unemployment rate Grade point average of an accounting student Gross domestic product of a country Salary cap space available for your favorite NFL team Choose one of these dependent variables, or choose some other dependent variable, for which you want to construct a prediction model. There may...
Question 6 (10 marks) Finally, the researcher considers using regression analysis to establish a linear relationship...
Question 6 (10 marks) Finally, the researcher considers using regression analysis to establish a linear relationship between the two variables – hours worked per week and yearly income. a) What is the dependent variable and independent variable for this analysis? Why? (2 marks) b) Use an appropriate plot to investigate the relationship between the two variables. Display the plot. On the same plot, fit a linear trend line including the equation and the coefficient of determination R2 . (2 marks)...
e Pas 2. If SSE is near zero in a regression, conclusion will be that the...
e Pas 2. If SSE is near zero in a regression, conclusion will be that the proposed model probably has a. too poor a fit to be useful b. near perfect fit c. a very strong positive linear relation d. a very strong negative linear relation 3. A residual/error shows the difference between Yactual and Yestimated on a standard scale. True False 4. In a simple regression, the F statistic is calculated by taking the ratio of MSR to the...
Regression analysis is used to: A. Predict the value of the dependent variable vased on the...
Regression analysis is used to: A. Predict the value of the dependent variable vased on the value of at least one independent variable B. Explain changes in an independent variable on the dependent variable C. It offers proof of causation D. A & B only E. A, B, & C
In a regression analysis, the variable that is used to predict the dependent variable a. is...
In a regression analysis, the variable that is used to predict the dependent variable a. is the independent variable b. must have the same units as the variable doing the predicting c. is the dependent variable d. usually is denoted by x
In a simple linear regression study between two variables x ( the independent variable) and y...
In a simple linear regression study between two variables x ( the independent variable) and y (the dependent variable), a random large sample is collected and the coefficient of correlation r = −.98 is calculated. A)Which of the following conclusion may be made? Group of answer choices x and y are almost perfectly correlated, and y increases as x is increased. x and y are almost perfectly correlated, and y decreases as x is increased. x and y are moderately...
Use linear regression to predict the value at X=10. Independent Variable Dependent Variable о о л...
Use linear regression to predict the value at X=10. Independent Variable Dependent Variable о о л о Ол Select one: a. 23.64 b. 2164 C. 4.23 d. 0,45
True or False: 1. The fit of the regression equations yˆ = b0 + b1x +...
True or False: 1. The fit of the regression equations yˆ = b0 + b1x + b2x2 and yˆ = b0 + b1x + b2x2 + b3x3 can be compared using the coefficient of determination R2. 2. The fit of the models y = β0 + β1x + ε and y = β0 + β1ln(x) + ε can be compared using the coefficient of determination R2. 3. A quadratic regression model is a special type of a polynomial regression model.
e Pas 2. If SSE is near zero in a regression, conclusion will be that the proposed model probably has a. too poor a fit to be useful b. near perfect fit c. a very strong positive linear relation d. a very strong negative linear relation 3. A residual/error shows the difference between Yactual and Yestimated on a standard scale. True False 4. In a simple regression, the F statistic is calculated by taking the ratio of MSR to the...
In a regression analysis, the variable that is used to predict the dependent variable a. is the independent variable b. must have the same units as the variable doing the predicting c. is the dependent variable d. usually is denoted by x
Use linear regression to predict the value at X=10. Independent Variable Dependent Variable о о л о Ол Select one: a. 23.64 b. 2164 C. 4.23 d. 0,45
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