Suppose we developed the following least squares regression-18661
Suppose we developed the following least squares regression equation: Y = 3.5 +2.1X. Which of the following statements iscorrect?
This multiple choice question (MCQ) is related to the book/course
vu mth302 Business Mathematics & Statistics.
It can also be found in
vu mth302 Final Term - Quiz No.2.
Suppose we developed the following least squares regression equation: Y = 3.5 +2.1X. Which of the following statements iscorrect?
The dependent variable increases 2.1 for an increase of 1 in X
The equation crosses the Y-axis at 3.
If X = 5, then Y =14.
X and Y are inversely proportional
