Question
A few scenarios follow which require you to choose an appropriate term and test. To refresh your memory some of the terms and tests that
A few scenarios follow which require you to choose an appropriate term and test. To refresh your memory some of the terms and tests that you have used include:
A. InterceptB. Slope
C. Predicted YD. VIF
E. Scatter DiagramF. Correlation
G. R-SquaredH. Adjusted R-Squared
I.Standard ErrorJ.P-values
K. Assumption of Fit (Linearity)L. Assumption of Constant Variability
M. Assumption of NormalityN. Normal P-Plot
O. Assumption of IndependenceP. Durbin-Watson Statistic
Q. Relevant range R. Outlier(s)
S. ----------------T. Dummy Variable
U. MulticollinearityV. Interaction
For each of the next questions, choose the most appropriate term above that best fits the regression situation. Choose only one and write the letter in the space provided below the question. (5 Points)
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1.You wish to know how strongly correlated are your variables?
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