i. If we are studying the relationship between high school performance and college performance,
And want to predict college performance, high school performance is the independent variable.
ii. An economist is interested in predicting the unemployment rate based on gross domestic
Product. Since the economist is interested in predicting unemployment, the independent variable is
Gross domestic product.
iii. The variable used to predict the value of another is called the dependent variable.
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
Q2: What is the chart called when the
Q4: Data is collected from 20 sales people
Q5: A sales manager for an advertising agency
Q6: A sales manager for an advertising agency
Q7: i. In order to visualize the form
Q8: Given the scatter diagram below, that shows
Q9: i. The least squares technique minimizes the
Q10: i. If we are studying the relationship
Q11: i. A scatter diagram is a chart
Q18: In the regression equation, Y' = a
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