Question
Which is not correct regarding the estimated slope of the OLS regression line? a. It shows...
Which is not correct regarding the estimated slope of the OLS regression line?
a. It shows the change in Y for a unit change in X.
b. It is divided by its standard error to obtain its t statistic.
c. It may be regarded as zero if its p-value is less than α.
d. It is chosen so as to minimize the sum of squared errors.
Homework Answers
Answer #1
Answer :
Which is not correct regarding the estimated slope of the OLS regression line
a) It shows the change in y for a unit change in X
b) It is divided by its standard error to obtain its t statistic
c) It may be regarded as zero if its P- value is less than
d) It is chosen so as to minimise the sum of squared errorsThe correct answer is
c) It may be regarded as zero if its P- value is less than
d) It is chosen so as to minimise the sum of squared errorsThe correct answer is
c) It may be regarded as zero if its P- value is less than
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