Author Question: In the simple linear regression model, the _____ accounts for the variability in the dependent ... (Read 40 times)

cdr_15 · **on:** Jun 24, 2018

In the simple linear regression model, the _____ accounts for the variability in the dependent variable that cannot be explained by the linear relationship between the variables.
a. constant term
b. error term
c. model parameter
d. residual

Question 2

The manager of a grocery store pays 60 cents for each rose and sells them for 1.50 each. Roses left at the end of the day are discarded. The daily demand can be approximated by a normal distribution having a mean of 250 and a standard deviation of 40 . To maximize his expected profit, how many roses should the manager buy before the market opens each day? ___________________ _ roses
Fill in the blank(s) with correct word