BUS – 173 (Applied Statistics) # Determining if the following statement are True and False. If False, write the correct statement. Also Solve the MCQ 01. In the simple linear regression model, b represents the (a) least square estimate of A (b) least square estimate of B (c) Random error term (d) Not given
BUS – 173 (Applied Statistics) # Determining if the following statement are True and False. If False, write the correct statement. Also Solve the MCQ 01. In the simple linear regression model, b represents the (a) least square estimate of A (b) least square estimate of B (c) Random error term (d) Not given
Chapter3: Polynomial Functions
Section: Chapter Questions
Problem 18T
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BUS – 173 (Applied Statistics)
# Determining if the following statement are True and False. If False, write the correct statement. Also Solve the MCQ
01. In the simple linear regression model, b represents the
(a) least square estimate of A
(b) least square estimate of B
(c) Random error term
(d) Not given
02. In the Simple linear regression model, components of the random error term have fixed mean zero.
(a) True
(b) False
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