I the Technique Used to Measure the Strength of the Relationship

question 155

Multiple Choice

i. The technique used to measure the strength of the relationship between two sets of variables using the coefficient of correlation and the coefficient of determination is called regression analysis. ii. In order to visualize the form of the regression equation, we can draw a scatter diagram.
iii. A line found using the is the best-fitting line because the sum of the squares of the vertical deviations between the actual and estimated values is minimized.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

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Financial obligations owed by a bank to its depositors, creditors, and other parties.

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