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i. Violating the need for successive observations of the dependent variable to be uncorrelated is
Called autocorrelation.
ii. If an inverse relationship exists between the dependent variable and independent variables, the
Regression coefficients for the independent variables are negative.
iii. Given a multiple linear equation Y' = 5.1 + 2.2X1 - 3.5X2, assuming other things are held constant,
An increase in one unit of the second independent variable will cause a -3.5 unit change in Y.
Nature Of The Object
The term 'Nature Of The Object' refers to the inherent qualities, characteristics, and properties that define a particular object.
Binomial Probability
The probability of obtaining a specific number of successes in a fixed number of independent trials, with two possible outcomes.
Success
The accomplishment of an aim or purpose.
Probability Distribution
A function that describes the likelihood of obtaining the possible values that a random variable can assume.
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