In calculating the regression equation linking two variables, the standard formulae for the regression coefficients are given in terms of X and Y. Which of the following is true?
A. X must be the variable which will be forecast
B. It does not matter which variable is which
C. Y must be the dependent variable
D. Y must be the variable shown on the vertical axis of a scatter graph
Answer: Option C
This Question Belongs to Commerce >> Business Statistics And Research Methods
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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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