When using the multiplicative time-series model to determine the seasonal indexes, the first step is to isolate the seasonal and random components from the cyclical and trend components.
Indicate whether the statement is true or false
Question 2
State University recently randomly sampled seven students and analyzed grade point average (GPA) and number of hours worked off-campus per week. The following data were observed:
GPA HOURS
3.14 25
2.75 30
3.68 11
3.22 18
2.45 22
2.80 40
3.00 15
2.23 29
3.14 10
2.90 0
A regression model with HOURS as the independent variable has an R-square equal to approximately .46.
Indicate whether the statement is true or false
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