i. 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.
ii. In order to visualize the form of the regression equation, we can draw a scatter diagram.
Iii) When a regression line has a zero slope, indicating a lack of a relationship, the line is horizontal to the x-axis.
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) All statements are false
Correct Answer:
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Q3: i. If we are studying the relationship
Q4: A scatter diagram is a chart
A) In
Q5: i. If we are studying the relationship
Q6: Data is collected from 20 sales people
Q7: i. The least squares technique minimizes the
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