i. In order to visualize the form of the regression equation, we can draw a scatter diagram. ii. In regression analysis, the predicted value of Y' rarely agrees exactly with the actual Y value, i.e., we expect some prediction error.
iii. The technique used to measure the strength of the relationship between two sets of variables using the coefficient of correlation and the coefficient of determination is called regression analysis.
A) (i) , (ii) , and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.
Correct Answer:
Verified
Q1: i. In order to visualize the form
Q3: A scatter diagram is a chart,
A) in
Q4: What is the chart called when the
Q5: In the equation Y' = a +
Q6: i. The least squares technique minimizes the
Q7: i. If we are studying the relationship
Q8: In the regression equation, Y' = a
Q9: A sales manager for an advertising agency
Q11: What is the variable used to predict
Q19: i. The technique used to measure the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents