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Econ 338/ envr 305 clicker questions. Statistics – Question Set #9 (from Chapter 10). The deterministic part of the simple linear regression equation describes:. why the actual observed values of y are not exactly on but fluctuate near a line. the magnitude of the noise in the data.

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econ 338 envr 305 clicker questions

Econ 338/envr 305clicker questions

Statistics – Question Set #9 (from Chapter 10)

the deterministic part of the simple linear regression equation describes
The deterministic part of the simple linear regression equation describes:
  • why the actual observed values of y are not exactly on but fluctuate near a line.
  • the magnitude of the noise in the data.
  • the three parameters in the model.
  • the trend in y as x increases.
  • the expected change in y brought about by a unit increase in x.

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the random variable is also called the
The random variable ε is also called the _____.
  • slope
  • error term
  • y-intercept
  • deterministic part
  • trend

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the goodness of fit of a line mx b to a set of n pairs x y of numbers in a sample is
The goodness of fit of a line = mx + b to a set of n pairs (x, y) of numbers in a sample is _____.
  • the sum of the errors
  • the mean of the errors
  • the square of the errors
  • the sum of the squared errors
  • the mean of the squared errors

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