Econ 338 envr 305 clicker questions
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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

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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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