THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 80

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A loan officer is interested in examining the determinants of the total dollar value of residential loans made during a month.She used Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₄


+ ε to model the relationship,where Y is the total dollar value of residential loans in a month (in millions of dollars) ,X₁ is the number of loans,X₂ is the interest rate,and X₃ is the dollar value of expenditures of the bank on advertising (in thousands of dollars) .Suppose that by using data from the past 24 months,she obtained
= 3.8 + 0.23x₁ - 1.31x₂ + 0.032x₃ - 0.0005
.
-In multiple regression models,the values of the error variable ε are assumed to be:

---

Definitions:

Physically Attractive

Qualities or features of a person that are aesthetically pleasing and induce physical appeal to others.

Superior

Someone or something that is higher in rank, quality, or importance than others.

Traits

Characteristic patterns of thought, emotion, and behavior that are relatively stable over time and across situations, distinguishing one person from another.

Social Allergy Effect

A phenomenon where repeated exposure to a small irritating behavior in a close relationship leads to an increasingly larger annoyance or distress.