Multiple Choice
Please look at the equation below and pick the best answer
A) B1hat will be positive if Y tends to be above its mean when X tends to be above its mean.
B) The sign of B1 will be the same sign as the denominator.
C) Xi can never equal X-bar for any observation
D) B1hat will be positive if Xi is always above X-bar.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following are used to
Q3: A residual measures:<br>A) The unobservable error
Q4: Please list and give a short description
Q5: The residual for observation i is e<sub>i</sub>hat
Q6: The probability a continuous random variable is
Q8: Please explain why residuals need to be
Q9: Violating the homoscedasticity condition will cause
Q10: Outliers are a bigger problem when we
Q11: Name the concept: The variance of e<sub>i
Q12: OLS does not automatically produce unbiased estimates.