In a Regression Forecast, β Indicates

question 20

Multiple Choice

In a regression forecast, β indicates

• A) The change in the dependent forecast variable due to a one unit change in the independent variable
• B) The value of the dependent forecast variable when the independent variable is zero
• C) The change in the independent variable due to a one unit change in the dependent forecast variable
• D) The value of the independent variable when the dependent forecast variable is zero

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Definitions:

Percentages

Numerical values expressed as a fraction of 100, used to describe proportions or ratios.

Significance Level

A threshold of probability set before an experiment to determine the acceptability of the evidence against the null hypothesis.

Student Body Proportions

The ratio or percentages of various groups within a school or college’s enrollment, such as by gender or race.

Freshmen

First-year students at a high school, college, or university.