The predicted response value is which of these? Select one: a. The response valu

Question

The predicted response value is which of these? Select one: a. The response value observed for a particular data point b. The response value that would be predicted for a given x value, based on the model c. The difference between (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) d. The sum of (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model)
The predicted response value is which? Select one: a. The response value observed for a particular data point b. The response value that would be predicted for a given x value, based on the model c. The sum of (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) d. The difference between (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model)
What is not a valid transformation? Select one: a. y-squared b. natural log of y c. e to the power of y d. cosine of y
Which of the following about p-value is true? Select one: a. P-value is significant at .95 and above b. P-value is significant at .01 and below c. P-value is significant at .90 and above d. P-value is significant at .01 and above
Consider: revenues = 37.69 + 1.23 x marketing dollars spent
Which of the following is a correct interpretation? The predicted response value is which of these? Select one: a. The response value observed for a particular data point b. The response value that would be predicted for a given x value, based on the model c. The difference between (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) d. The sum of (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model)
The predicted response value is which? Select one: a. The response value observed for a particular data point b. The response value that would be predicted for a given x value, based on the model c. The sum of (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) d. The difference between (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model)
What is not a valid transformation? Select one: a. y-squared b. natural log of y c. e to the power of y d. cosine of y
Which of the following about p-value is true? Select one: a. P-value is significant at .95 and above b. P-value is significant at .01 and below c. P-value is significant at .90 and above d. P-value is significant at .01 and above
Consider: revenues = 37.69 + 1.23 x marketing dollars spent
Which of the following is a correct interpretation? The predicted response value is which of these? Select one: a. The response value observed for a particular data point b. The response value that would be predicted for a given x value, based on the model c. The difference between (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) d. The sum of (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model)
The predicted response value is which? Select one: a. The response value observed for a particular data point b. The response value that would be predicted for a given x value, based on the model c. The sum of (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) d. The difference between (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) The predicted response value is which? Select one: a. The response value observed for a particular data point b. The response value that would be predicted for a given x value, based on the model c. The sum of (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model) d. The difference between (the response value observed for a particular data point) and (the response value that would be predicted for a given x value, based on the model)
What is not a valid transformation? Select one: a. y-squared b. natural log of y c. e to the power of y d. cosine of y What is not a valid transformation? Select one: a. y-squared b. natural log of y c. e to the power of y d. cosine of y
Which of the following about p-value is true? Select one: a. P-value is significant at .95 and above b. P-value is significant at .01 and below c. P-value is significant at .90 and above d. P-value is significant at .01 and above Which of the following about p-value is true? Select one: a. P-value is significant at .95 and above b. P-value is significant at .01 and below c. P-value is significant at .90 and above d. P-value is significant at .01 and above
Consider: revenues = 37.69 + 1.23 x marketing dollars spent
Which of the following is a correct interpretation? Consider: revenues = 37.69 + 1.23 x marketing dollars spent
Which of the following is a correct interpretation?

Explanation / Answer

Predicted response value is option b

It is denoted as yhat = b+ b1x

Obtained by putting x values to get y predicted for that given x and is called predicted response variable ..

For 2nd question

Cosine of y is not valid because it is a periodic function , which increases and decreases for different different ranges.

For b1 to be significant we need to reject null hypothesis i.e reject H0 b1=0

So for this pvalue should be less than alpha

Thus Option b is only suitable answer

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