Regression modelling is a statistical framework for developing a mathematical equation that describes how

Related MCQs

• In regression, the equation that describes how the response variable (y) is related to the explanatory variable (x) is:
• A single-equation econometric model of the demand for a product is a ________ equation in which the quantity demanded of the product is an ________ variable
• The mathematical notation R2 is for:
• The grades that a random sample of BA students received over the last five years in Quantitative Techniques examinations represent what statistical concept
• The power of a statistical test is defined as,
• Linear regression can achieve which of the following
• Linear regression means that every time the value of x increases, y changes by a ______amount.
• In regression, the variable being predicted is called the
• Regression analysis:
• If the slope of the regression line is calculated to be 2.5 and the intercept 16 then the value of Y when X is 4 is: