This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The sum of the residuals in a least squares regression model will be zero only when the correlation ... (Read 111 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jun 24, 2018
The sum of the residuals in a least squares regression model will be zero only when the correlation between the x and y variables is statistically significant.
 
  Indicate whether the statement is true or false

Question 2

In a time series with quarterly sales data, assume that the seasonal index for the summer quarter has been found to be 0.87,
 
  this can be interpreted to mean that sales tend to be 87 percent higher in the summer quarter when compared to the other quarters.
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

FALSE


crobinson2013

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jun 24, 2018
Thank you :)


kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Model of a Neutron Star’s Interior Model of a Neutron Star’s Interior
Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model. Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model.
The positive correlation between the ability of various neuroleptics to bind to D2 receptors and ... The positive correlation between the ability of various neuroleptics to bind to D2 receptors and ...
A Simplified Model of Information Flow in Human Memory A Simplified Model of Information Flow in Human Memory
The threshold model explains the discontinuous distribution of some multifactorial traits. In this m The threshold model explains the discontinuous distribution of some multifactorial traits. In this m
The attenuation model regulating the tryptophan operon The attenuation model regulating the tryptophan operon
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library