fixed standard deviation. (a) True (b) False 02. In the Simple linear regression model, Y represents the (a) Independent variable (b) Slope (c) Dependent Variable (d) Random error term (e) Not given 03.Which of the following is a possible value of coefficient of correlation (r) that indicates the strong positive correlation between two quantitative variables (a) 0.95 (b) -0.95 (c) -1 (d) not given

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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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, components of the random error term have
fixed standard deviation.
(a) True
(b) False
02. In the Simple linear regression model, Y represents the
(a) Independent variable
(b) Slope
(c) Dependent Variable
(d) Random error term
(e) Not given
03.Which of the following is a possible value of coefficient of correlation (r) that indicates
the strong positive correlation between two quantitative variables
(a) 0.95
(b) -0.95
(c) -1
(d) not given
Transcribed Image Text: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, components of the random error term have fixed standard deviation. (a) True (b) False 02. In the Simple linear regression model, Y represents the (a) Independent variable (b) Slope (c) Dependent Variable (d) Random error term (e) Not given 03.Which of the following is a possible value of coefficient of correlation (r) that indicates the strong positive correlation between two quantitative variables (a) 0.95 (b) -0.95 (c) -1 (d) not given
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