Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Please tell true 01' false of the following statements with regard to simple linear regres- sion.(20 points, 2 points each) (a) (b) (C) (d)

image text in transcribed
image text in transcribed
1. Please tell true 01' false of the following statements with regard to simple linear regres- sion.(20 points, 2 points each) (a) (b) (C) (d) {6) The least squares line always passes the center of the data (X, Y). If Y : 0, Y : 0, then 50 : 0 no matter What is 5'1. Given the sample size, the larger the range of Xis, the smaller the standard errors of {30,61 tend to be. Under the same condence level, the prediction interval of a new observation is always Wider than the condence interval for the corresponding mean response. A 95% condence interval for 60 based on the observed data is calculated to be [0.3, 0.5]. Therefore P(0.3 g 50 g 0.5) = 0.95. In t-tests, how critical values and pvalues should be derived will depend on the form of the alternative hypothesis. When estimating the mean response corresponding to X13, the further X h is from the sample mean T, the wider the condence interval for the mean response tends to be. If all observations Y} fall on one straight line, then the coeicient of determination R2 = 1. A large R2 always means that the tted regression line is a good t of the data, while a small R2 always means that the predictor and the reSponse are not related. The regression sum of squares SSH tends to be large if the estimated regression slope is large in magnitude or the dispersion of the predictor values is large

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Geometry, Its Elements And Structure

Authors: Alfred S Posamentier, Robert L Bannister

2nd Edition

0486782166, 9780486782164

More Books

Students also viewed these Mathematics questions

Question

Explain how the process view of business includes various functions

Answered: 1 week ago

Question

25.0 m C B A 52.0 m 65.0 m

Answered: 1 week ago