Multiple Choice
A fitted regression Profit = 262 + 1.51 Sales (all variables in thousands of dollars) was estimated from a random sample of 15 small coffee kiosks.We can say that
A) the slope is too small to be significant.
B) the intercept does not seem reasonable.
C) the R2 will be low due to small sample size.
D) predictions are likely to be underestimated.
Correct Answer:
Verified
Correct Answer:
Verified
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