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Author Question: When time-series data are analyzed, the error term represents the effect of the independent ... (Read 103 times)

luminitza

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on: Jun 24, 2018
When time-series data are analyzed, the error term represents the effect of the independent variables on the dependent variables.
 
  Indicate whether the statement is true or false

Question 2

In this test, what would be a Type II error?
 
  What will be an ideal response?


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firehawk60

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

The type II error would be concluding that the standard deviation is .05 inches when
it is really < 0.05 inches.


luminitza

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Liddy

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Reply 3 on: Yesterday
Excellent

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