Identify the Components of Simple Linear Regression Models and Discuss

question 22

Multiple Choice

Identify the components of simple linear regression models and discuss their applications Use the data given below to answer the following question(s) .
Following is an extract from the database of a construction company. The table shows the height of walls in feet and the cost of raising them. The estimated simple linear regression equation is given as Ŷ = b0 + b1X. (Hint: Use Excel functions) . $$\begin{array} { | l | l | } \hline\begin{array} { l } \text { Height } \\\text { (ft) }\end{array} & \text { Cost (\$) } \\\hline 4 & 670 \\\hline 3 & 430 \\\hline 7 & 810 \\\hline 9 & 1100 \\\hline 6 & 790 \\\hline 8 & 880 \\\hline 5 & 760 \\\hline 11 & 1200 \\\hline\end{array}$$
-Which of the following generates a scatter chart in Excel with the values predicted by the regression model included?

• A) Trendline
• B) Residual Plots
• C) R Square
• D) Line Fit Plots

Understand the concept of negligence and its relevance in different scenarios.

Recognize the legal duties of service providers towards their customers.

Identify the elements required to establish a case of negligence.

Differentiate between various types of damages and defenses in negligence cases.

---

Definitions:

Expert Testimony

Evidence provided in court by a qualified professional on subjects requiring specialized knowledge.

Objective

Something that is not influenced by personal feelings or opinions and is based on facts; often a goal that is aimed to be achieved.

Testimony

Testimony refers to a statement or assertion made by a witness, often in a legal setting, to provide evidence or convey information.

Poisoning the Well

A logical fallacy where adverse information about a target is preemptively presented to an audience, with the intention of discrediting or ridiculing everything the target person is about to say.