This topic contains a solution. Click here to go to the answer

Author Question: A decision maker is considering constructing a multiple regression model with two independent ... (Read 143 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
A decision maker is considering constructing a multiple regression model with two independent variables. The correlation between x1 and y is 0.70, and the correlation between variable x2 and y is 0.50.
 
  Based on this, the regression model containing both independent variables will explain 74 percent of the variation in the dependent variable. Indicate whether the statement is true or false

Question 2

When regression analysis is used for descriptive purposes, two of the main items of interest are whether the sign on the regression slope coefficient is positive or negative and whether the regression slope coefficient is significantly different from
 
  zero. 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

tuwy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

FALSE

Answer to Question 2

TRUE




tuwy

  • Sr. Member
  • ****
  • Posts: 336

 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

For a complete list of videos, visit our video library