Question:
Read the given statements about classical linear regression and identify the correct statements
A. The sum of the vertical deviations of the observed values from the derived straight line is equal to zero.
B. It is not possible to estimate the dependent variable.
C. The estimated variable is called the dependent variable.
D. The sum of the squares of vertical deviations of the observed values from the derived straight line is least from those obtained from any other orientation of the said straight line.
Choose the correct answer from the options given below:
Read the given statements about classical linear regression and identify the correct statements
A. The sum of the vertical deviations of the observed values from the derived straight line is equal to zero.
B. It is not possible to estimate the dependent variable.
C. The estimated variable is called the dependent variable.
D. The sum of the squares of vertical deviations of the observed values from the derived straight line is least from those obtained from any other orientation of the said straight line.
Choose the correct answer from the options given below:
A. The sum of the vertical deviations of the observed values from the derived straight line is equal to zero.
B. It is not possible to estimate the dependent variable.
C. The estimated variable is called the dependent variable.
D. The sum of the squares of vertical deviations of the observed values from the derived straight line is least from those obtained from any other orientation of the said straight line.
Choose the correct answer from the options given below:
Updated On: Mar 13, 2024
- A and B only
- B, C and D only
- A, C and D only
- A. B and D only
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The Correct Option is C
Solution and Explanation
The correct option is (C): A, C and D only.
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