QUESTION 10 A multiple regression model has a. only one independent variable b.at least two dependent variables Oc more than one dependent variable d. more than one independent variable

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
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QUESTION 9
In multiple regression analysis, the correlation among the independent variables is termed
O a. linearity
O b. adjusted coefficient of determination
Oc. multicollinearity
Od homoscedasticity
QUESTION 10
A multiple regression model has
O a. only one independent variable
b. at least two dependent variables
C. more than one dependent variable
d. more than one independent variable
QUESTION 11
A regression analysis between demand (y in 1000 units) and price (x in dollars) resulted in the following equation.
XE-6=4
The above equation implies that if the price is increased by $1, the demand is expected to
O a decrease by 6,000 units
Ob decrease by 3 units
Oc decrease by 3.000 units
d inerease by 6 units
Transcribed Image Text:QUESTION 9 In multiple regression analysis, the correlation among the independent variables is termed O a. linearity O b. adjusted coefficient of determination Oc. multicollinearity Od homoscedasticity QUESTION 10 A multiple regression model has O a. only one independent variable b. at least two dependent variables C. more than one dependent variable d. more than one independent variable QUESTION 11 A regression analysis between demand (y in 1000 units) and price (x in dollars) resulted in the following equation. XE-6=4 The above equation implies that if the price is increased by $1, the demand is expected to O a decrease by 6,000 units Ob decrease by 3 units Oc decrease by 3.000 units d inerease by 6 units
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