Which of the Following Statements Is True

question 102

Multiple Choice

Which of the following statements is true?

• A) If the confidence interval estimate for the regression slope coefficient crosses over zero, the average change in y for a one-unit change in x may be zero.
• B) If the regression slope coefficient is very close to zero, this means that the relationship between the x and y variables is statistically insignificant.
• C) A statistically significant regression slope coefficient indicates that for a one-unit change in y there will be a positive change in x by an amount equal to the regression slope coefficient.
• D) It is acceptable to make predictions for y using x values that are outside the range of the data that was used in the regression.

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Definitions:

Browsewrap Agreement

An online agreement where acceptance of terms and conditions is implied through the use of the website, without requiring an explicit agreement from the user.

Counteroffer

An offer made in response to another offer, rejecting the original offer and presenting new terms for an agreement.

Option

A separate contract in which an offeror agrees not to revoke her offer for a stated period of time in exchange for some valuable consideration.

Reasonable Time

A period that is fair and appropriate given the circumstances, often used in contracts to define a period for the performance of an obligation.