A fitted least squares regression line:
A. may be used to predict a value of y if the corresponding x value is given
B. is evidence for a cause-effect relationship between x and y
C. can only be computed if a strong linear relationship exists between x and y
D. none of these alternatives is correct
Answer: Option A
This Question Belongs to Commerce >> Business Statistics And Research Methods
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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