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(Regression Quizz) - Final

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18 views3 pages

(Regression Quizz) - Final

Uploaded by

Lâm Nguyễn Đăng
Copyright
© © All Rights Reserved
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LINEAR REGRESSION QUIZZES

1. What is the use of regression analysis?


a/ Describe a relationship between one variable and the other variables in mathematical terms.
b/ Predict the value of a dependent variable based on the value of at least one independent
variable
c/ Explain the impact of changes in an independent variable on the dependent variable
d/ All of the above
2. The dependent variable (or response variable) is the variable
a/ we wish to explain (we wish to predict)
b/ we use to explain the variable of interest (we use to predict the variable of interest)
3. The independent variable (or predictor variable) is the variable
a/ we wish to explain (we wish to predict)
b/ we use to explain the variable of interest (we use to predict the variable of interest)
4. An insurance company wants to predict sales from the amount of money they spend
on advertising. Which would be the independent variable?

a/ sales b/ advertising c/ none of the above


5. A linear regression analysis for only one independent variable, x, and one dependent
variable, y is called Simple Linear Regression
6. In the Simple Linear Model: Y = β0 + β1x + ε

β0 is called………

β1 is called………

ε is called………..

7. Is it possible to compute the Simple Linear Regression Equation Y = β0 + β1x + ε for


population? Why?

8. What is the alternative solution to estimate the relationship between dependent and
independent variable?
9. The Least Square Method is the procedure used to find the regression that:

a/ maximize the sum of b/ minimize the sum of c/ average the sum of d/ None of the above
squared errors squared errors squared errors

10. The equation of the Least Squares Method is:

11. The product manager of a particular brand of children’s breakfast cereal would like to
predict the demand for cereal during the next year. To use regression analysis, she and her staff
would like to list some variables as likely to affect sales. Please help the manager to list at least 3
variables that you think most likely to affect sales?

12. A real estate agent wants to predict the selling price of houses more accurately. She wants to
find some variables that may affect the price of a house. Please help her to list at least 3
variables that you think most likely to affect the selling prices?

13. In the estimated regression model , what is the interpretation of b0?

14. In the estimated regression model , what is the interpretation of b1?

15. The equation of SSE (Sum of Squares due to error) is:


The meaning of SSE is:

16. The equation of SST (Total Sum of Squares) is:


The meaning of SST is:

17. The equation of SSR (Sum of Squares due to Regression) is:


The meaning of SSR is:

18. The measure of how well the regression line fits the data is the
a/ coefficient of determination (R^2)
b/ slope of the regression line
c/ mean square error
d/ standard error of the regression coefficient
19. If two variables have a correlation coefficient (r) of .30, what percentage of one variable is
accounted for by the other variable (R^2)?

a/ 30% b/ 70% c/ 10% d/ 9%


20. When there is no linear correlation between two variables, what will the value of r be?

a/ -1 b/ +1 c/ 0 d/ a very small negative


number

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