In linear regression, we fit the least squares line to a set of values (or points on a scatterplot) . The distance from the line to a point is called the:
A) fitted value
B) residual
C) correlation
D) covariance
E) estimated value
Correct Answer:
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Q1: The correlation value ranges from:
A) 0 to
Q4: A correlation value of zero indicates.
A) a
Q5: The covariance is not used as much
Q7: A scatterplot that appears as a shapeless
Q8: In regression analysis, the variable we are
Q10: In linear regression, the fitted value is:
A)
Q42: A "fan" shape in a scatterplot indicates
A)unequal
Q46: Correlation is a summary measure that indicates
A)a
Q50: Regression analysis asks
A)if there are differences between
Q72: The weakness of scatterplots is that they
A)do
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