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 112 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?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Wilson and Simberloff's experiments on the equilibrium model of biogeography. Wilson and Simberloff's experiments on the equilibrium model of biogeography.
A Simple Model of the Learning Process A Simple Model of the Learning Process
Theodore Brookhart and Egmont C. Arens, "Streamliner" Meat Slicer, Model 410. Theodore Brookhart and Egmont C. Arens, "Streamliner" Meat Slicer, Model 410.
The Steady State of the Solow Model The Steady State of the Solow Model
Three-Box Model Three-Box Model
A model of the splicing mechanism for removal of an intron from nuclear-derived pre-mRNA A model of the splicing mechanism for removal of an intron from nuclear-derived pre-mRNA
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library