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Author Question: In a simple regression model, the slope coefficient represents the average change in the independent ... (Read 118 times)

james0929

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on: Jun 24, 2018
In a simple regression model, the slope coefficient represents the average change in the independent variable for a one-unit change in the dependent variable.
 
  Indicate whether the statement is true or false

Question 2

A time-series graph shows that annual sales data have grown gradually over the past 10 years. Given this, if a linear trend model is used to forecast future years' sales, the sign on the regression slope coefficient will be positive.
 
  Indicate whether the statement is true or false


perkiness

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


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