RESEARCH METHODOLOGY

STATISTICAL TECHNIQUES AND TOOLS

REGRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The equation of a least squares regression line is given by = 1.6 + 9.4x. Find the residual of the point (4, 4).
A
0.0
B
4.0
C
19.6
D
35.2
Explanation: 

Detailed explanation-1: -The slope of a least squares regression can be calculated by m = r(SDy/SDx). In this case (where the line is given) you can find the slope by dividing delta y by delta x.

Detailed explanation-2: -The formula for simple linear regression is Y = mX + b, where Y is the response (dependent) variable, X is the predictor (independent) variable, m is the estimated slope, and b is the estimated intercept.

There is 1 question to complete.