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

Author Question: A line chart is created by plotting the values of the variable on the vertical axis and the time ... (Read 95 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Aug 1, 2018
A line chart is created by plotting the values of the variable on the vertical axis and the time periods on the horizontal axis.
  Indicate whether the statement is true or false

Question 2

According to the chapter, regression models based on time series data are especially susceptible to autocorrelation. Why?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

srodz

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Aug 1, 2018
Answer to Question 1

T

Answer to Question 2

a) Key independent (x) variables that have not been included in the model are likely to be related to time. b) Omission of one or more of these independent variables will tend to yield residuals (errors) that are also related to time.


clmills979

  • Member
  • Posts: 551
Reply 2 on: Aug 1, 2018
YES! Correct, THANKS for helping me on my review

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Electronegativity Chart (Periodic Table) Electronegativity Chart (Periodic Table)
Who's line is it anyway Who's line is it anyway
How to find the distance of any line segment How to find the distance of any line segment
Tai chi stance with front foot pointing straight ahead and back foot at 45° angle, heels in line, ... Tai chi stance with front foot pointing straight ahead and back foot at 45° angle, heels in line, ...
Time homework Time homework
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library