Which of the Following Is True of the Fundamentals of Regression

question 16

Multiple Choice

Which of the following is true of the fundamentals of regression analysis?

• A) A fundamental basis of regression analysis is the assumption of a circular relationship between the independent and dependent variables.
• B) Regression uses an estimation procedure called ordinary least squares that guarantees the line it estimates will be the best fitting line.
• C) The differences between actual and predicted values of the dependent variable are known as regression coefficients and are represented by b.
• D) The regression coefficient is calculated by squaring errors of each dependent variable.
• E) Any point that falls on the line of a regression analysis is the result of unexplained variance.

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