• Card 134 / 180: The figure below shows a plot of the residuals from a linear regression. Notice the residual marked A. Which of the following best describes what this residual reveals about the fitted regression line?
    A) Residual A represents a negative outlier in the sample, which results in the slope being over-estimated (it is larger than the true relationship between x and y).
    B) Residual A represents a negative outlier in the sample, which results in the slope being under-estimated (it is smaller than the true relationship between x and y).
    C) Residual A represents an outlier in the sample, which results in the line of best fit.
    D) Residual A represents an observation in the sample, which results in the line of best fit.

    Answer:
    A) Residual A represents a negative outlier in the sample, which results in the slope being over-estimated (it is larger than the true relationship between x and y).

  • Keyboard Shortcuts

    Previous Card ← Previous Card Button
    Next Card → Next Card Button
    Flip Card Space-Bar
<< First < Previous Next > Last >>

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now
Hide Choices Interactive Question Quiz Home Page
https://www.jobilize.com/business-statistics-by-david-bourgeois-bharatendra-rai

Business Statistics

Author:

Access: Public Instant Grading

Attribution:  David T. Bourgeois, PhD; Bharatendra K. Rai, PhD. Business Statistics. The Saylor Academy 2014, http://www.saylor.org/courses/bus204/
Flash Cards plugin by Curtis Blackwell github.com/curtisblackwell/flash_cards
Google Play and the Google Play logo are trademarks of Google Inc.
Ask
Dionne Mahaffey
Start Quiz
Marion Cabalfin
Start Quiz
Vanessa Soledad
Start Exam
Candice Butts
Start Quiz
Copy and paste the following HTML code into your website or blog.
<iframe src="https://www.jobilize.com/embed/business-statistics-by-david-bourgeois-bharatendra-rai" width="600" height="600" frameborder="0" marginwidth="0" marginheight="0" scrolling="yes" style="border:1px solid #CCC; border-width:1px 1px 0; margin-bottom:5px" allowfullscreen webkitallowfullscreen mozallowfullscreen> </iframe>