STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Two variables are exponentially related. The least squares regression lines for transformed data is found to be ln y=-0.041+0.0035x. What is the predicted value for y when x=16.83?
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2.49
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1.018
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12.98
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16.74
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54.15
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Explanation:
Detailed explanation-1: -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.
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