If a bridge breaks down so that people can not go to a ski resort, then its effect is classified as a random variation of sales (if sales are the dependent variable). True or False
In regression analysis, the effects of random variations are supposed to add up to zero. True or False
Assume Y depends on x. The values of x and corresponding values y from a sample are presented below (horizontally)
x = 5,8,12,14,16,18,20,22.
y = 15,15,20,18,30,28,45,42
The SSR in the above data is 725 approximately. TRUE/FALSE
Assume Y depends on x. The values of x and corresponding values y from a sample are presented below (horizontally)
x = 5,8,12,14,16,18,20,22.
y = 15,15,20,18,30,28,45,42
The R2 in the above data is 0.8 approximately. TRUE/FALSE
1
Expert's answer
2019-06-21T19:44:20-0400
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