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Author Question: In analyzing the residuals to determine whether the simple regression analysis satisfies the ... (Read 119 times)

jc611

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on: Jun 24, 2018
In analyzing the residuals to determine whether the simple regression analysis satisfies the regression assumptions, which of the following is true?
 
  A) The histogram of the residuals should be approximately bell-shaped.
  B) The scatter plot of the residuals against the dependent variable should illustrate that the variation in residuals is the same over all levels of .
  C) Neither A nor B are true.
  D) Both A and B are true.

Question 2

Assume that the year 2000 is used as the index base period and that sales were 12 million in the year 2000. If sales were 18 million in the year 2006, the simple index number for the year 2006 is:
 
  A) 1.5
  B) 6 million
  C) 150
  D) 0.666


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poopface

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

D

Answer to Question 2

C


jc611

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Reply #2 on: Jun 24, 2018
Thank you :)


poopface

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Reply #3 on: Jun 24, 2018
Happy to help you


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