STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many coefficients do you need to estimate in a simple linear regression model (One independent variable)?
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1
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2
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3
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4
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Explanation:
Detailed explanation-1: -In simple linear regression, there is one independent variable so 2 coefficients (Y=a+bx).
Detailed explanation-2: -1 Answer. The explanation: In simple linear regression, there is one independent variable so 2 coefficients (Y=a+bx+error).
Detailed explanation-3: -Simple Linear Regression: One Categorical Independent Variable with Several Categories.
Detailed explanation-4: -Multiple linear regression is a regression model that estimates the relationship between a quantitative dependent variable and two or more independent variables using a straight line.
There is 1 question to complete.