If a value represents the 95th percentile, this means that: a. ...

[newyorker26]

If a value represents the 95th percentile, this means that:
 a. 95 of all values are below this value
  b. 95 of all values are above this value
  c. 95 of the time you will observe this value
  d. there is a 5 chance that this value is incorrect
  e. there is a 95 chance that this value is correct

Question 2

If a group of independent variables are not significant individually but are significant as a group at a specified level of significance, this is most likely due to:
 a. heteroscedasticity.
  b. an error in the analysis.
  c. multicollinearity.
  d. None of these choices.

[stanleka1]

Answer to Question 1

a

Answer to Question 2

C