Mathematics, 15.05.2021 03:00 albattatasraap5wymy
TRUE or FALSE
(a) In a scatterplot, the response is shown on the horizontal axis with the explanatory variable
on the vertical axis.
(b) If all of the data lie along a single line with nonzero slope, then the r
2 of the regression is
1. (Assume the values of the explanatory variable are not identical).
(c) If the correlation between the explanatory variable and the response is zero, then the slope
will also be zero.
(d) The use of a linear equation to describe the assocation between price and sales implies
that we expect equal differences in sales when comparing periods with prices $10 and $11
and periods with prices $20 and $21.
(e) The linear equation (estimated from a sequence of daily observerations):
Estimated shipments = b0 + 0.9*(Orders Processed) implies that we expect twice as many
shipments when the number of orders processed doubles only if b0 = 0.
(f) The intercept estimates how much the response changes on average with changes in the
predictor.
Answers: 1
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TRUE or FALSE
(a) In a scatterplot, the response is shown on the horizontal axis with the explanato...
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