Residual Plot 20 24 20 40 100 10 15 20 Order (Time) Linear regression models rely on four important assumptions ("LINE"). The following are the scatter plot and residual plot based a dataset and a regrercion 02-
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- If multicollinearity is perfect in a regression model the standard errors of the regression coefficients are Select one: Indeterminate small negative values Infinite values Determinate What is the meaning of the term "heteroscedasticity"? Select one: The variance of the errors is not constant The errors are not linearly independent of one another The errors have non-zero mean the variance of the dependent variable is not constant The coefficient estimated in the presence of heteroscedaticity are NOT Select one: Linear estimators Efficient estimators Unbiased estimators Consistent estimators Heteroscedaticity is more likely a problem of Select one: Pooled data cross-section data and time series data Cross-section data Time series data Near multicollinearity occurs when Select one: Two or more explanatory variables are perfectly correlated with one another The explanatory variables are highly correlated with the dependent variable The explanatory variables are highly…Create a multiple regression model with the total number of wins as the response variable, and average points scored, average relative skill, and average points differential as predictor variables. This regression model will help your coach predict how many games your team might win in a regular season based on metrics like the average score, average relative skill, and the average points differential between the team and their opponents. What is the Null Hypothesis (statistical notation and its description in words) Alternative Hypothesis (statistical notation and its description in words)Regression lines and correlation coefficient
- Consider the image a plot of a regression line. What do you call the regression line that results in the smallest sum of errors squared? a. correlational lineb. forecasting linec. least squares regression lined. Pearson's lineA concept used when interpreting partial correlation coefficients to indicate that a control variable appears to explain the relationship between two other variables completely A concept used in multiple regression and partial correlation to indicate that the effect of one independent variable on the dependent variable is different depending on the value of another independent variable A value that is computed for each independent variable in a multiple regression equation and is used in the equation as a multiplier to the value of the corresponding independent variable A statistical method that uses the least-squares method to produce an equation to predict the Z score of one variable using the Z scores of two or more other variables A value that describes the percentage of variability in the dependent variable that is explained by two or more independent variables A measure of the relationship between two variables without consideration of any other…What does the correlation matrix for a multiple regression analysis contain?A. Multiple correlation coefficientsB. Simple correlation coefficientsC. Multiple coefficients of determinationD. Multiple standard errors of estimate
- Linear Regression models can be optimised to avoid high variance by means of regularisations such as Lasso and Ridge. Explain when and why they are applied and the difference between both.What test of significance would you use for this case of bivariate or multivariate analysis? Assume that each variable is measured at its mostdetailed possible level of measurement. Meaning, for instance, that age is always ratio (0, 1, 2, 3, 4, 5, .... infinite), not ordinal (i.e., age categories).Effect of gender on average age of consumption of first alcoholic drink O T-testO ANOVAO Regression© Chi-squareCompute the value of the correlation coefficient for the data obtained in the study of the number of absences and the final grade of the seven students in the statistics class. Student. Number of absences. Also, find the equation of the regression line for the given data? Student. Number of absences. Final grade% ---------------------------------------------------------------------------- A. 6 82 B 2 86 C. 15 43 D. 9 74 E. 12 58 F 5 90 G 8 78
- The percentage of variation in the values of y explained by the least squares regression line is the correlation coefficient. the slope of the regression line. the coefficient of determination. ρ. the y-intercept of the regression line.Regarding least-squares regression line.Biologists are interested in how temperature changes might affect the frequency of mating calls of frogs. Twenty gray tree frogs are randomly chosen for a study. For each frog, the temperature of its habitat (in degrees Celsius) and the frequency of its mating call (in tones per second) are recorded. The 96 percent confidence interval for estimating the population slope of the linear regression line predicting mating call frequency based on habitat temperature is given by 2.341±0.7682.341±0.768. Assume that the conditions for inference for the slope of the regression line have been met. Which of the following is the correct interpretation of the calculated confidence interval? A. We are 96 percent confident that the increase in mating call frequency of an individual frog when its habitat temperature increases by 1 degree Celsius is between 1.573 and 3.109 tones per second. B. We are 96 percent confident that the average increase in mating call frequency in the sample of frogs when…