In a simple regression model, the slope coefficient represents ...

[james0929]

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]

Answer to Question 1

FALSE

Answer to Question 2

TRUE