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business analytics regression quiz questions correctly answered.
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business analytics regression quiz questions correctly answered.

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  • August 26, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • business analytics regression quiz questions corre

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  • Business Analytics
  • Business Analytics

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business analytics regression quiz
questions correctly answered.

"In regression analysis, the variable that is being predicted is the" ANS - dependent variable



The equation that describes how the dependent variable (y) is related to the independent variable (x) is
called ANS - the regression model



In regression analysis, the independent variable is ANS - used to predict the dependent variable



Larger values of r2 imply that the observations are more closely grouped about the ANS - least squares
line



In a regression analysis, the coefficient of determination is 0.4225. The coefficient of correlation in this
situation is ANS - 0.65



"In a regression analysis, the coefficient of correlation is 0.16. The coefficient of determination in this
situation is ANS - 0.0256



In simple linear regression analysis, which of the following is not true? ANS - The F test and the t test
may or may not yield the same conclusion.



Correlation analysis is used to determine ANS - the strength of the relationship between the dependent
and the independent variables



In a regression and correlation analysis if r2 = 1, then ANS - SSE must be equal to zero



In a regression and correlation analysis if r2 = 1, then ANS - SSR = SST

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