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.
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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