Exam 5: Linear Regression As a Fundamental Descriptive Tool
Exam 1: The Roles of Data and Predictive Analytics in Business55 Questions
Exam 2: Reasoning With Data50 Questions
Exam 3: Reasoning From Sample to Population50 Questions
Exam 4: The Scientific Method: The Gold Standard for Establishing Causality50 Questions
Exam 5: Linear Regression As a Fundamental Descriptive Tool53 Questions
Exam 6: Correlation Vs Causality in Regression Analysis52 Questions
Exam 7: Basic Methods for Establishing Causal Inference49 Questions
Exam 8: Advanced Methods for Establishing Causal Inference50 Questions
Exam 9: Prediction for a Dichotomous Variable50 Questions
Exam 10: Identification and Data Assessment50 Questions
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If one is planning to use multiple regression to summarize how the variables X1, X2, X3 explain the variation in Y, how many moment conditions are involved in estimating the linear regression?
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(Multiple Choice)
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Correct Answer:
C
To determine the intercept and slope coefficient in a simple linear regression line of Y on X, all the following conditions will be used except for what?
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Correct Answer:
C
The methods for solving for the intercept and slope of all of the following procedures will yield identical estimates except for which procedure?
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Correct Answer:
D
Solving for a function that best describes the data that implies the use of OLS (or equivalently, the sample moment equations) potentially in the presence of several treatments is known as:
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Which of the following is a reason why estimating the slope and intercept of a simple linear regression line using the least absolute deviations (LAD) approach is not as common as OLS?
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For the simple linear regression, Y = b + mX, which variable is considered the slope coefficient?
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Which of the following equations cannot be estimated using linear regression techniques?
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If one was attempting to estimate the parameter, b, that best explains the relationship between Sales and price using the following equation Sales = (Price - b)2. Which of the following methods would be the most appropriate to estimate b?
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In the simple linear regression, the intercept will equal the sample average of the outcome (Y) variable if which of the following is true?
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In the event that you are trying to explain the variation in Y using the variables X and Z in a linear regression, the multiple regression line would be given by which of the following?
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Which of the following sample statistics influences the sign of the slope coefficient in the simple linear regression (of Y on X)?
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The mean of a function of a random variable(s) for a given sample is known as a(n):
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All of the following are statements of the criteria used to find the line that "best" describes the data in a multiple regression except for what?
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Using OLS to solve for the slope and intercept of a simple linear regression will yield a regression line that satisfies which of the following conditions?
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Using OLS to solve for the slope and intercept of a simple linear regression will yield a regression line that satisfies which of the following conditions?
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Suppose you're running a multiple regression of Home Prices on two treatment variables, City, which is a binary variable for whether or not the home is located in a city or not, and Finished Basement, which is a binary variable for whether or not the home has a finished basement. If you solve for the multiple regression using the moment conditions which condition must hold?
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In the simple linear regression case, (for Y and X) with a multi-level treatment X, the line to be estimated is given by:
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Which of the following treatments is a multi-level treatment?
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In relating a variable X to a variable Y with the regression line Y = b + mX, what value would be reported for Y when X = 0?
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If one is trying to explain the time series variation in a stock price for a company by using the number of Twitter mentions that day, which method is most appropriate?
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