Which of the following is a correct interpretation for the regression slope coefficient?
A) For a one-unit change in y, we can expect the value of the independent variable to change by b1 units on average.
B) For each unit change in x, the dependent variable will change by b1 units.
C) The average change in y of a one-unit change in x will be b1 units.
D) The average change in x of a one-unit change in y will be b1 units.
Question 2
To determine the aptness of the model, which of the following would most likely be performed?
A) Check to see whether the residuals have a constant variance
B) Determine whether the residuals are normally distributed
C) Check to determine whether the regression model meets the assumption of linearity
D) All of the above