Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose you are looking at a simple linear regression = b 0 + b 1 X. However, you found you mixed up X with Y,

  1. Suppose you are looking at a simple linear regression = b0 + b1X. However, you found you mixed up X with Y, and realized it should be the other way: = ... + ...Y. Then...
  2. We can no longer make the prediction using the new model.
  3. Interchanging the two variables' locations will NOT have any impact.
  4. In the new case, X will still be observed variables and Y will be estimated.
  5. If we are only calculating Pearson's r, changing the locations will NOT change the correlation score.

Please select one

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Accounting For Business

Authors: Peter Scott

3rd Edition

0198807791, 978-0198807797

Students also viewed these Mathematics questions