This topic contains a solution. Click here to go to the answer

Author Question: If for a particular data set, the skewness = -0.2, and the kurtosis equals 2.1, then it can be ... (Read 61 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
If for a particular data set, the skewness = -0.2, and the kurtosis equals 2.1, then it can be inferred that:
 
  A) the data is skewed to the right and the distribution is less spread out than a normal distribution.
  B) the data is skewed to the right and the distribution is more spread out than a normal distribution.
  C) the data is skewed to the left and the distribution is more spread out than a normal distribution.
  D) the data is skewed to the left and the distribution is less spread out than a normal distribution.

Question 2

How would we interpret the coefficient of determination R2?
 
  A) Approximately 46 of the time, the dollar value of the loans is determined by these three variables.
  B) Approximately 46 of the observations lie within 1 standard deviation of the regression line.
  C) Approximately 46 of the variation in the total dollar amount of loans can be explained by the variation in these three variables.
  D) Approximately 46 of the total dollar amount of loans is explained by these three variables.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

D

Answer to Question 2

C




luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 24, 2018
Excellent


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library