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

Author Question: Define each of the following statistical terms: a . Descriptive statistics b. Statistical inference ... (Read 342 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
Define each of the following statistical terms: a . Descriptive statistics b. Statistical inference c. Confidence level d. Significance level e. Population f. Sample

Question 2

In simple linear regression, the regression equation is a straight line. In multiple regression, what geometric form is taken by the regression equation when there are two independent variables? When there are three or more independent variables?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

al

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

a . Descriptive statistics is organizing, summarizing, and analyzing data to describe a sample.
b. Statistical inference is the process of making an estimate, prediction, or decision about a population based on sample data.
c. The confidence level is the proportion of times that an estimating procedure will be correct.
d. The significance level is the proportion of times that a conclusion about a population will be wrong.
e. A population is the group of all items of interest to a statistics practitioner.
f. A sample is a set of data drawn from the studied population.

Answer to Question 2

When there are two independent variables, the regression equation can be thought of in terms of a geometric plane. When there are three or more independent variables, the regression equation becomes a mathematical entity called a hyperplane. It is impossible to visually summarize a regression with three or more independent variables because it will be in four or more dimensions.




Caiter2013

  • Member
  • Posts: 607
Reply 2 on: Aug 1, 2018
Great answer, keep it coming :)


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

For a complete list of videos, visit our video library