1. Why iIs the error term included in the regresSSion model?

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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1. Why is the error term included in the regression model?
2. Why we don't prefer to apply the Spearman correlation on the
quantitative variables?
3. Compare between the roles of both the regression coefficient and the
correlation coefficient. Can the values of regression coefficient and the
correlation coefficient have different signs? Explain.
4. Explain the meaning of independent and dependent variables for a
regression model. Explain the difference between a simple and a
multiple regression model.
5. What is difference between the normal and the standard normal
distributions?
Transcribed Image Text:1. Why is the error term included in the regression model? 2. Why we don't prefer to apply the Spearman correlation on the quantitative variables? 3. Compare between the roles of both the regression coefficient and the correlation coefficient. Can the values of regression coefficient and the correlation coefficient have different signs? Explain. 4. Explain the meaning of independent and dependent variables for a regression model. Explain the difference between a simple and a multiple regression model. 5. What is difference between the normal and the standard normal distributions?
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