Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.

Get a Professional Answer

Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.

100% Satisfaction Guarantee

Rate the answer you receive.

Ask Ryan Your Own Question

Ryan, Engineer

Category: Calculus and Above

Satisfied Customers: 8992

Experience: B.S. in Civil Engineering

40260889

Type Your Calculus and Above Question Here...

Ryan is online now

Hi, I have some more multiple choice questions.
1)The difference

Resolved Question:

Hi, I have some more multiple choice questions. 1)The difference between the observed value of the dependent variable and the value predicted by using the estimated regression equation is the? A)Standard Error B)Residual C)Prediciton interval D)Variance

2)The proportion of the variation in the depednet variable y that is explained by the estimated regression equation is measured by the? A)Correlaton coefficent B)Standard error of the estimate C)Coefficient of determination D)Confidence interval estimate

3)In regression analysis, the independent variable is? A)Used to predict other independent variables B)Used to predict the dependent variable C)Called the interbening variable D)None of these answers is correct

4)Regression analysis is a statistical procedure for developing a mathematical equation that describes how? A)One independent and on or more dependent variables are related B)Several independent and several dependent variables are related C)One dependent and one or more independent variables are related d)None of these answers is correct

Thank you for using JustAnswer, and thank you for requesting me.

Here are the solutions:

1. B

2. C

3. It's either B or D, depending on the scope of "regression analysis". My first choice would be D, since the "regression analysis" generates the equation that is subsequently used to make predictions. Once you have the equation, the analysis is done, so "the independent variable is used to predict the dependent variable" really isn't included in the regression analysis. If choice D is rejected, then the next choice is B.

4. C

Thanks,

Ryan

Ryan and other Calculus and Above Specialists are ready to help you