3/7/24, 1:58 PM Module 2 practice quiz Flashcards | Quizlet

Module 2 practice quiz

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Terms in this set (166)

A regression analysis involving one simple linear regression

independent variable and one dependent
variable is referred to as

The graph of the simple linear regression straight line

equation is a(n)

Why does the formula for a line defined in the geometrical line is defining a perfect line, whereas a linear regression line is derived
geometry not have an error term while the from sample data which may, or may not, represent the actual population data.
formula for a line generated by linear
regression does?

__________________ refers to the use of sample data interval estimation

to calculate a range of values that is
believed to include the value of the
population parameter.

The scatter chart below displays the The model over predicts the value of the dependent variable for small values and large
residuals verses the dependent variable, x. values of the independent variable
Which of the following conclusions can be
drawn based upon this scatter chart?
( note related to a u shaped scatter plot)

The correlation coefficient is simply the false

square of the coefficient of determination.

The degree of correlation among multicollinearity

independent variables in a regression model
is called

We should remove independent variables true

when their p-value becomes high enough to
accept the null hypothesis.

When we use Excel to perform a regression false

analysis, the independent variable data must
be contiguous with the dependent variable
data.
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Download HW 2 Download HW 2 and 6,044

generate a simple linear regression solution
such that Price predicts Sales.
What is the value of SSR (rounded to an
integer)?

Download HW 3 Download HW 3and 0.0045

generate a simple linear regression solution
such that Math predicts Freshman GPA.
What is the slope of the regression line
(keep four decimal places)?

Download HW 1 Download HW 1 and 725,191

generate a simple linear regression solution
such that Price predicts Sales.
What is the value of SST (rounded to an
integer)?

Download HW 1 Download HW 1and 409,347

generate a simple linear regression solution
such that Price predicts Sales.
What is the value of SSE (rounded to an
integer)?

Download HW 5 Download HW 5and and 21.524

and generate a simple linear regression
solution such that Math predicts Freshman
GPA.
What is the value of SSR (keep three decimal
places)?

Download HW 6 Download HW 6and 3.01

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
If a student scores 633 on their SAT test,
what is their forecasted Freshman GPA (keep
two decimal places)?

Download HW 6 Download Download HW 6.15E-16

6and generate a model to predict Freshman
GPA based on a student's Reading score.
Reading's probability of its coefficient being
equal to zero is:

Download HW 3 Download Download HW 3.53

3and generate a linear regression model
using Math to predict Freshman PA.
Since Francine's Math score was 763, we can
predict her Freshman GPA to be: (Keep two
decimal places)

Download HW 8 Download Download HW 132

8to forecast the annual maintenance costs of
our buses.
Every year that a bus ages adds
approximately how much to the annual The best way to study. Sign up for free.
maintenance cost? (Enter whole dollars)
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Download HW 2 Download Download HW false

2and generate a regression model to predict
sales.
Since the p value for Price is greater than
50%, we can say that this model is a good
predictor of Sales.

We've analyzed our data and calculated the 5.466

following statistics:
SSE = 1,314.5
SSR = 1,904.4
n = 46
b0 = 70.04
The Standard Error is:

Download HW 4 Download Download HW true

4and generate a model to predict Freshman
GPA based on a student's Reading score.
The standard error is 0.52940

Download HW 5 Download Download HW 0.8624

5. Using this Olympic medal count data,
generate a formula to predict the total
number of medals won by a country.
What is the correlation between the Gold
and Bronze medal counts? (Keep four
decimal places)

Download HW 5 Download Download HW true

5. Using this Olympic medal count data,
generate a formula to predict the total
number of medals won by a country.
This model can be used to predict the total
number of Olympic medals.

Download HW 3 Download Download HW true

3. Generate a model of how the two
advertising channels may predict weekly
gross revenue.
As spending increases for either Television or
Newspaper, the Weekly Gross Revenue is
expected to increase.

Download HW 3 Download Download HW 0.0252

3. Generate a model of how the two
advertising channels may predict weekly
gross revenue.
What is the p-value for Television
Advertising's coefficient? (Keep four decimal
places)

Download HW 3 Download Download HW false

3. Generate a model of how the two
advertising channels may predict weekly
gross revenue.
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Since the intercept's p-value is higher than
0.05, this model does not represent the data By signing up, you accept Quizlet's Terms of Service and Privacy Policy

well and should not be used.

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Download HW 5 Download Download HW false

5. Using this Olympic medal count data,
generate a formula to predict the total
number of medals won by a country.
One of the medal counts is rejected as a
significant predictor because its p-value is
above 5%.

The _______________ is the range of values of the experimental region

independent variables in the data used to
estimate the regression model.

In a linear regression model, the variable (or independent variable

variables) used for predicting or explaining
values of the response variable are known as
the ________________.

The difference between the observed value residual

of the dependent variable and the value
predicted using the estimated regression
equation is known as the

Anscombe's quartet shows that descriptive statistics are not practical by themselves for understanding actual data

For ethical reasons, researchers can begin false

analyzing data prior to establishing the p-
value criteria to be used in determining
whether to accept or reject their null
hypothesis.

The scatter chart below displays the The residual distribution is not normally distributed
residuals verses the dependent variable, x.
Which of the following conclusions can be
drawn based upon this scatter chart?
( the more horizontal scattered plot)

We add independent variables to a model to true

explain more of the variation, but additional
problems may develop.

________________ is used to test the hypothesis an F test

that the values of the regression parameters
B0, B1, B2, ... Bq are all zero.

an independent piece of information used in developing a regression model

A degree of freedom is (select all that
the number of variables whose values can change in a data set as the others stay
apply):
constant

Download HW 2 Download HW 2and 469.9

generate a simple linear regression solution
such that Price predicts Sales.
If management sets the price to be $2.54,
what is the forecast for Sales (in 1000s) (keep
one decimal place)

Download HW 1 Download HW 1and 409347

generate a simple linear regression solution
such that Price predicts Sales.
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What is the slope of the regression line By signing up, you accept Quizlet's Terms of Service and Privacy Policy
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Download HW 3 Download HW 3and -281 or 409374

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
If a student scores 533 on their SAT test,
what is their forecasted Freshman GPA (keep
two decimal places)?

Download HW 6 Download Download HW 2.54 or 53.118

6and generate a model to predict Freshman
GPA based on a student's Math score.
SSE = (Keep 3 decimal places)

Download HW 9 Download Download HW 0.5266

9to forecast the annual maintenance costs of
our buses.
R2 = (Keep four decimal places)

Download HW 5 Download Download HW 0.0134

5and generate a model to predict Freshman
GPA based on a student's Math score.
The R2 value is: (Keep four decimal places)

Download HW 8 Download Download HW 75.498

8to forecast the annual maintenance costs of
our buses.
The Standard Error of the model is:

Download HW 4 Download Download HW 4 75.498

and model the broker's overall satisfaction
based on trade price and speed of
execution.
If a customer's Satisfaction with Trade Price is
3.7 and their Satisfaction with Speed of
Execution is 2.3, what is our prediction for
Overall Satisfaction? (Keep one decimal
place)

Download HW 4 Download Download HW 4 3 /true

and model the broker's overall satisfaction
based on trade price and speed of
execution.
The coefficient of Satisfaction with Trade
Price can be zero with 99% confidence.

Download HW 4 Download Download HW true

4and model the broker's overall satisfaction
based on trade price and speed of
execution.
Based on the results of this sample data, this
model should not be used.

Download HW 1 Download Download HW 1 -0.009

to predict overall customer satisfaction
based on the three available survey
questions.
What is the correlation between Comfort The best way to study. Sign up for free.
and In-House Dining? (Keep four decimal
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Prediction of the mean value of the extrapolation

dependent variable y for values of the
independent variables x1, x2, . . . , xq that are
outside the experimental range is called

The ___________ is a measure of the goodness of coefficient of determination

fit of the estimated regression equation. It
can be interpreted as the proportion of the
variability in the dependent variable y that is
explained by the estimated regression
equation.

The Null Hypothesis for linear regression false

always uses a one-tailed test because we do
not care if the coefficient being tested is
positive or negative.

The _____________ is an indication of how confidence

frequently interval estimates based on
samples of the same size taken from the
same population using identical sampling
techniques will contain the true value of the
parameter we are estimating.

______________ refers to the degree of correlation multicollinearity

among independent variables in a regression
model.

Multicollinearity can be identified by (select correlations

all that apply): vifs

Regression analysis involving one dependent multiple regression

variable and more than one independent
variable is known as

Download HW 5 Download HW 5and and 1.11

generate a simple linear regression solution
such that Math predicts Freshman GPA.
What is intercept of the regression line (keep
three decimal places)?

Download HW 3 Download HW 3and 0.004271

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
What is the slope of the regression line?

Download HW 6 Download HW 6and 2.71

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
If a student scores 550 on their SAT test,
what is their forecasted Freshman GPA (keep
two decimal places)?

Download HW 5 Download HW 5and 2.7

generate a simple linear regression solution
such that Math predicts Freshman GPA.
If a student scores 527 on their SAT test, what The best way to study. Sign up for free.
is their forecasted Freshman GPA (keep two
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Download HW 3 Download HW 3and 2.94

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
If a student scores 626 on their SAT test,
what is their forecasted Freshman GPA (keep
two decimal places)?

Download HW 4 Download Download HW false

4and generate a model to predict Freshman
GPA based on a student's Reading score.
This rather unique data generates statistics
such that SSE + SSR does not equal SST.

Download HW 9 Download Download HW 12.4

9to forecast the annual maintenance costs of
our buses.
If the car has been driven 67,954 miles, then
we should expect its price (1000s) to be:
(Keep one decimal place)

Download HW 3 Download Download HW .0040

3and generate a linear regression model .0045
using Math to predict Freshman PA. .0050
Select all of the values for b1 that lie within
the default confidence interval.

Download HW 7 Download Download HW 2.38

7and create a model predicting Brad's
swimming times based on the distance
kicked.
For every hundred yards kicked, we expect
the time to increase by how many minutes?
(Keep 2 decimal places)

Download HW 6 Download Download HW true

6. Create a multiple linear regression model
to predict years at the company based on
income, number of companies worked, and
age.
The residual plot for Age suggests that this
independent variable should not be used for
this regression analysis.

Download HW 1 Download Download HW 1 true

to predict overall customer satisfaction
based on the three available survey
questions.
This overall model fits the data well based
on the F test.

Download HW 2 Download Download HW 2 true

and use the available customer research to
predict overall customer satisfaction.
The coefficient of Amenities has a value of
0.35 with 99% confidence.
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Download HW 6 Download Download HW 5

6. Create a multiple linear regression model
to predict years at the company based on
income, number of companies worked, and
age.
If a person's age is 40, and they have worked
at 8 companies and currently earn 7,932
dollars per month, we can predict the
number of years at the company to be:
(Enter a whole number)

I analyzed rental data on apartments from My prediction was actually an extrapolation

550 to 900 square feet; they ranged from
$599 to $1,025 per month. Specifically:
Rent = $225 + $2 * (square feet)
I proudly told my statistics prof that I can
predict the cost of a 1,400 square foot
apartment to be $3,025.
Why did she say this is an incorrect analysis?

In a simple linear regression model, y = ß0 + slope of the true regression line

ß1x + ε
B1 represents the:

The critical region for hypothesis testing is false

when both Type I and Type II errors happen
simultaneously.

Overfitting is considered bad because the false

VIF value is decreased.

Multicollinearity: a correlation between independent variables

Download HW 3 Download HW 3and 3.64

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
If a student scores 792 on their SAT test,
what is their forecasted Freshman GPA (keep
two decimal places)?

Download HW 1 Download HW 1and -281

generate a simple linear regression solution
such that Price predicts Sales.
If management sets the price to be $2.03,
what is the forecast for Sales (in 1000s) (keep
one decimal place)

Download HW 2 Download HW 2and 466.2

generate a simple linear regression solution
such that Price predicts Sales.
If management sets the price to be $2.69,
what is the forecast for Sales (in 1000s) (keep
one decimal place)

Download HW 3 Download HW 3and 0.1263

generate a simple linear regression solution
The best way to study. Sign up for free.
such that Math predicts Freshman GPA.
What is the intercept of the regression line By signing up, you accept Quizlet's Terms of Service and Privacy Policy
(keep four decimal places)?
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Download HW 5 Download Download HW 0.1026

5and generate a model to predict Freshman
GPA based on a student's Math score.
The probability that Math's coefficient is zero
is: (Keep 4 decimal places)

What would be the coefficient of 0.39

determination if the total sum of squares
(SST) is 93.51 and the sum of squares due to
regression (SSR) is 36.46? (Keep 3 decimal
places)

Download HW 8 Download Download HW 628

8to forecast the annual maintenance costs of
our buses.
If the age of a particular bus is 3.1 years, then
we can forecast its maintenance costs to be:
(Enter whole dollars)

Download HW 3 Download Download HW 2.49

3and generate a linear regression model
using Math to predict Freshman PA.
Since Francine's Math score was 530, we can
predict her Freshman GPA to be: (Keep two
decimal places)

Download HW 4 Download Download HW 4 0.0006

and model the broker's overall satisfaction
based on trade price and speed of
execution.
What is the p-value of the Satisfaction with
Speed of Execution? (Keep four decimal
places)

Download HW 1 Download Download HW 1 true

to predict overall customer satisfaction
based on the three available survey
questions.
This overall model fits the data well based
on the F test

forecasting
Select all of the ways Linear Regression can
complex modeling
be used in the real world:
prediction

If we can calculate both the r2 and the false

standard error of our data, we can
determine the null hypothesis.

The scatter chart below displays the The model captures the relationship between the variables accurately
residuals verses the dependent variable, x.
Which of the following conclusions can be
drawn from the scatter chart given below?
(the horizontal funnel)

With multiple regression, the null hypothesis

Thetrue
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for the entire model now uses the F test.
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Download HW 6 Download HW 6and 3.27

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
If a student scores 708 on their SAT test,
what is their forecasted Freshman GPA (keep
two decimal places)?

Download HW 1 Download HW 1and 548.2

generate a simple linear regression solution
such that Price predicts Sales.
If management sets the price to be $2.32,
what is the forecast for Sales (in 1000s) (keep
one decimal place)

Download HW 3 Download HW 3and 2.79

generate a simple linear regression solution
such that Reading predicts Freshman GPA.
If a student scores 592 on their SAT test,
what is their forecasted Freshman GPA (keep
two decimal places)?

Download HW 2 Download Download HW 458

2and generate a regression model to predict
sales.
What are the predicted sales (1000s) when
the price equals $3.03?

Download HW 4 Download Download HW false

4and generate a model to predict Freshman
GPA based on a student's Reading score.
The R2 value suggests that this is a good
model for predicting Freshman GPA scores.

Download HW 2 Download Download HW -119.5 to 70.7

2and generate a regression model to predict
sales.
b1 has a 95% chance of being within this
range:

We've analyzed our data and calculated the not enough information is given to answer this question
following statistics:
SSE = 1,314.5
SSR = 1,904.4
The Standard Error is:

Download HW 1 Download Download HW false

1and generate a linear regression model of
profits based on market cap.
Based on the results of this linear regression,
we can use its model to predict profits.

Download HW 5 Download Download HW 33,532.1

5. Using this Olympic medal count data,
generate a formula to predict the total
number of medals won by a country.
What is the sum of squares regression value? The best way to study. Sign up for free.
(Keep one decimal place)
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Download HW 4 Download Download HW 4 3

and model the broker's overall satisfaction
based on trade price and speed of
execution.
If a customer's Satisfaction with Trade Price is
2.7 and their Satisfaction with Speed of
Execution is 3.1, what is

Download HW 2 Download Download HW 30.82

2and use the available customer research to
predict overall customer satisfaction.
What is the SSE for this regression? (Keep
two decimal places)

The least squares regression line minimizes squared differences between actual and predicted y values
the sum of the

A normally distributed error term with mean have values that are symmetric about the variance
of zero would:

Download HW 2 Download HW 2and 471.8

generate a simple linear regression solution
such that Price predicts Sales.
If management sets the price to be $2.46,
what is the forecast for Sales (in 1000s) (keep
one decimal place)

The best way to study. Sign up for free.

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