Exam 12: Linear Regression and Correlation

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In a regression setting, which, if any, of the following is not an assumption about the random error In a regression setting, which, if any, of the following is not an assumption about the random error   ? ?

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In the simple linear regression model In the simple linear regression model   which of the following is false regarding the values of the random error term   ? which of the following is false regarding the values of the random error term In the simple linear regression model   which of the following is false regarding the values of the random error term   ? ?

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If a set of data contains no values of the independent variable x that are equal to zero, then the y-intercept regression coefficient If a set of data contains no values of the independent variable x that are equal to zero, then the y-intercept regression coefficient   has no particular meaning. has no particular meaning.

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A regression analysis between sales (in $1000) and advertising (in $) resulted in the following least squares line: A regression analysis between sales (in $1000) and advertising (in $) resulted in the following least squares line:   = 60 + 5x. This implies that an increase of $1 in advertising is expected to result in an increase of $65 in sales. = 60 + 5x. This implies that an increase of $1 in advertising is expected to result in an increase of $65 in sales.

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In a simple linear regression model, testing whether the slope In a simple linear regression model, testing whether the slope   of the population regression line could be zero is the same as testing whether or not the population coefficient of correlation   equals zero. of the population regression line could be zero is the same as testing whether or not the population coefficient of correlation In a simple linear regression model, testing whether the slope   of the population regression line could be zero is the same as testing whether or not the population coefficient of correlation   equals zero. equals zero.

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