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

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Chapter3: Polynomial Functions
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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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