Match the statistics term with its BEST definition.
Question 2 options:
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1) A key requirement for using correlation and regression models is to collect this type of data.
Answer: bivariate/paired
2) With bivariate data, the result of MINIMIZING the sum of squared distances between the observed and predicted values (residuals) for a linear model.
Answer: least-squares regression line
3) This quantity is computed by subtracting the observed response variable from the predicted response variable.
Answer: residual
4) With bivariate data, when one variable increases a second variable decrease implies this relationship.
Answer: negative association
5) A key tool used to assess the adequacy of a regression model in fitting the data.
Answer: residual plot
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