When Using Simple Linear Regression,we Would Like to Use Confidence

question 65

Multiple Choice

When using simple linear regression,we would like to use confidence intervals for the ___________ and prediction intervals for the ___________ at a given value of x.

• A)individual y-value,mean y-value
• B)Mean y-value,individual y-value
• C)Slope,mean slope
• D)y-intercept,mean y-intercept

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Definitions:

Attainable

Something that can be achieved with effort, within the bounds of possibility.

Realistic

Pertaining to the accurate representation of the real world.

Timebound

Characterized by a specific duration or deadline within which a task or project must be completed.

Management by Objectives

A management strategy focusing on defining specific objectives that employees need to achieve within a set timeframe, followed by feedback on their performance.