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Econometrics
Simple Linear Regression Demo Quiz #1
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Question 1 of 10
1. Question
4 points
In a simple linear regression model, If we change the independent variable by 1 unit. How much output variable will change?
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Question 2 of 10
2. Question
4 points
Another name for the residual term in a regression equation is:
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Question 3 of 10
3. Question
4 points
The residual is defined as the difference between the:
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Question 4 of 10
4. Question
4 points
In a regression problem, if the coefficient of determination is 0.90, this means that:
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Question 5 of 10
5. Question
4 points
In Simple Linear Regression, What does the slope represent?
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Question 6 of 10
6. Question
4 points
What information is contained in the coefficient of determination?
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Question 7 of 10
7. Question
4 points
Which of the following is true about Residuals ?
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Question 8 of 10
8. Question
4 points
You are given the following data on X and Y.
X 1 2 3 4 5
Y 3 5 7 14 11
Linear Regression Y = b0 + b1X is fitted. What is the Value of Slope term