264 views

Uploaded by Chenelly Doromal Alcasid

Business Statistics - sample review questions

- Assignment Stat
- SNGPL
- Mile High Cycles
- Project - Rosemont Hill Health Center
- Multiple Regression
- A Study on the Impact of Advertisements, Reference Group and Brand Perception in the Purchase Involvement of Customers in Chennai With Regard to Tvs Tyres
- Regression 101
- Ken Black QA 5th chapter15 Solution
- 76197355 Ken Black QA 5th Chapter15 Solution
- Biostat Lab Prelim Exam
- MULTIPLE REGRESSION ANALYSIS : DETERMINANT OF CUSTOMER SATISFACTION OF FRUIT LOOPY PRODUCT H. MR. ULUNG SEMBIRING, ROSMANIAR SEMBIRING, H. MALIKUDDIN SEMBIRING, H. BACHTIAR SEMBIRING AND HJ. FATMAITA SEMBIRING
- Regress Guide
- Examining the Effect of Role Conflict and Job Stress on Turnover Intention among the Private School Teachers in Vellore District
- A Study on Impacts of Demonetization
- DETERMINANTS OF PORK DEMAND FUNCTION BY VARIANCE INFLATION AND STEPWISE METHOD IN SOUTH KOREA.
- SPSS PASW Infrnc Regression Determination
- ch14 marks
- aamj_17.1.8
- 7 Bivariate Eda
- Specification Test

You are on page 1of 5

1. In regression analysis, the model in the form

a. regression equation

b. correlation equation

c. estimated regression equation

d. regression model

is called

2. The mathematical equation relating the independent variable to the expected value of the dependent variable; that is, E(y) = 0 +

1x, is known as

a. regression equation

b. correlation equation

c. estimated regression equation

d. regression model

3. The model developed from sample data that has the form of

a. regression equation

b. correlation equation

c. estimated regression equation

d. regression model

is known as

a. coefficient of correlation

b. coefficient of determination

c. mean square error

d. slope of the regression equation

5. The interval estimate of the mean value of y for a given value of x is

a. prediction interval estimate

b. confidence interval estimate

c. average regression

d. x versus y correlation interval

6. The standard error is the

a. t-statistic squared

b. square root of SSE

c. square root of SST

d. square root of MSE

7. If MSE is known, you can compute the

a. r square

b. coefficient of determination

c. standard error

d. all of these alternatives are correct

8. In regression analysis, which of the following is not a required assumption about the error term ?

a. The expected value of the error term is one.

b. The variance of the error term is the same for all values of X.

c. The values of the error term are independent.

d. The error term is normally distributed.

2

9. Larger values of r2 imply that the observations are more closely grouped about the

a. average value of the independent variables

b. average value of the dependent variable

c. least squares line

d. origin

10. In a regression and correlation analysis if r2 = 1, then

a. SSE must also be equal to one

b. SSE must be equal to zero

c. SSE can be any positive value

d. SSE must be negative

11. In a regression and correlation analysis if r2 = 1, then

a. SSE = SST

b. SSE = 1

c. SSR = SSE

d. SSR = SST

12. The coefficient of correlation

a. is the square of the coefficient of determination

b. is the square root of the coefficient of determination

c. is the same as r-square

d. can never be negative

13. In regression analysis, if the independent variable is measured in pounds, the dependent variable

a. must also be in pounds

b. must be in some unit of weight

c. cannot be in pounds

d. can be any units

14. A regression analysis between sales (in $1000) and price (in dollars) resulted in the following equation

= 50,000 - 8X

The above equation implies that an

a. increase of $1 in price is associated with a decrease of $8 in sales

b. increase of $8 in price is associated with an increase of $8,000 in sales

c. increase of $1 in price is associated with a decrease of $42,000 in sales

d. increase of $1 in price is associated with a decrease of $8000 in sales

15. Regression analysis was applied between sales (in $1000) and advertising (in $100) and the following regression function was

obtained.

= 500 + 4 X

Based on the above estimated regression line if advertising is $10,000, then the point estimate for sales (in dollars) is

a. $900

b. $900,000

c. $40,500

d. $505,000

3

Multiple Regression Questions

1. The mathematical equation relating the expected value of the dependent variable to the value of the independent variables, which

has the form of E(y) =

is

a. a simple linear regression model

b. a multiple nonlinear regression model

c. an estimated multiple regression equation

d. a multiple regression equation

2. The estimate of the multiple regression equation based on the sample data, which has the form of E(y) =

a.

b.

c.

d.

a multiple nonlinear regression model

an estimated multiple regression equation

a multiple regression equation

3. The mathematical equation that explains how the dependent variable y is related to several independent variables x 1, x2, ..., xp and

the error term is

a. a simple nonlinear regression model

b. a multiple regression model

c. an estimated multiple regression equation

d. a multiple regression equation

4. A measure of the effect of an unusual x value on the regression results is called

a. Cooks D

b. Leverage

c. odd ratio

d. unusual regression

5. In a multiple regression model, the error term is assumed to be a random variable with a mean of

a. zero

b. -1

c. 1

d. any value

6. A regression model in which more than one independent variable is used to predict the dependent variable is called

a. a simple linear regression model

b. a multiple regression model

c. an independent model

d. None of these alternatives is correct.

7. A multiple regression model has the form

a. increase by 9 units

b. decrease by 9 units

c. increase by 2 units

d. decrease by 2 units

8. A multiple regression model has the form

a. increase by 11 units

b. decrease by 11 units

c. increase by 6 units

4

d.

decrease by 6 units

Exhibit 15-2

A regression model between sales (Y in $1,000), unit price (X1 in dollars) and television advertisement (X2 in dollars) resulted in

the following function:

For this model SSR = 3500, SSE = 1500, and the sample size is 18.

9. Refer to Exhibit 15-2. The coefficient of the unit price indicates that if the unit price is

a. increased by $1 (holding advertising constant), sales are expected to increase by $3

b. decreased by $1 (holding advertising constant), sales are expected to decrease by $3

c. increased by $1 (holding advertising constant), sales are expected to increase by $4,000

d. increased by $1 (holding advertising constant), sales are expected to decrease by $3,000

10. Refer to Exhibit 15-2. The coefficient of X2 indicates that if television advertising is increased by $1 (holding the unit price

constant), sales are expected to

a. increase by $5

b. increase by $12,000

c. increase by $5,000

d. decrease by $2,000

Exhibit 15-4

a.

b.

c.

d.

11. Which equation describes the multiple regression model?

a. Equation A

b. Equation B

c. Equation C

d. Equation D

12. Which equation gives the estimated regression line?

a. Equation A

b. Equation B

c. Equation C

d. Equation D

13. Which equation describes the multiple regression equation?

a. Equation A

b. Equation B

c. Equation C

d. Equation D

Exhibit 15-5

Below you are given a partial Minitab output based on a sample of 25 observations.

Constant

X1

X2

X3

Coefficient

145.321

25.625

-5.720

0.823

a.

Standard Error

48.682

9.150

3.575

0.183

5

b.

c.

d.

15. Refer to Exhibit 15-5. The interpretation of the coefficient on X1 is that

a. a one unit change in X1 will lead to a 25.625 unit change in Y

b. a one unit change in X1 will lead to a 25.625 unit increase in Y when all other variables are held

constant

c. a one unit change in X1 will lead to a 25.625 unit increase in X2 when all other variables are held

constant

d. It is impossible to interpret the coefficient.

- Assignment StatUploaded byOlufunke Oladimeji
- SNGPLUploaded byRoshan Zamir
- Mile High CyclesUploaded byAmmar Hassan
- Project - Rosemont Hill Health CenterUploaded byDamian G. James
- Multiple RegressionUploaded byJagdip Barik
- A Study on the Impact of Advertisements, Reference Group and Brand Perception in the Purchase Involvement of Customers in Chennai With Regard to Tvs TyresUploaded bySwaroop C Mathew
- Regression 101Uploaded byBhodza
- Ken Black QA 5th chapter15 SolutionUploaded byRushabh Vora
- 76197355 Ken Black QA 5th Chapter15 SolutionUploaded byManish Khandelwal
- Biostat Lab Prelim ExamUploaded byApril Mergelle Lapuz
- MULTIPLE REGRESSION ANALYSIS : DETERMINANT OF CUSTOMER SATISFACTION OF FRUIT LOOPY PRODUCT H. MR. ULUNG SEMBIRING, ROSMANIAR SEMBIRING, H. MALIKUDDIN SEMBIRING, H. BACHTIAR SEMBIRING AND HJ. FATMAITA SEMBIRINGUploaded byGSA publish
- Regress GuideUploaded byangelopl
- Examining the Effect of Role Conflict and Job Stress on Turnover Intention among the Private School Teachers in Vellore DistrictUploaded byinventionjournals
- A Study on Impacts of DemonetizationUploaded byAnonymous UP5RC6JpG
- DETERMINANTS OF PORK DEMAND FUNCTION BY VARIANCE INFLATION AND STEPWISE METHOD IN SOUTH KOREA.Uploaded byIJAR Journal
- SPSS PASW Infrnc Regression DeterminationUploaded byMonniq
- ch14 marksUploaded bydarshshri7777
- aamj_17.1.8Uploaded byMario Martinez
- 7 Bivariate EdaUploaded byrahul_iiim
- Specification TestUploaded byLinda Anggrea
- Managerial Economics Assignment-I,II & III.byregn No.pg121213Uploaded byUmapati Bhat
- tugas HYSISUploaded byrasmohan
- AnovaUploaded byRaquel Gomez
- SupsmoothUploaded byMoises Gamaliel Lopez Arias
- REGRESION SIMPLEUploaded byCamilo Buitrago
- E-HRM_Practices_and_its_impact_on_Organi.pdfUploaded byShahidullah Shaon
- An Investigation of Socio-Economic Factors Affecting Sustainability of Youth Group Enterprises in Kenya: A Case of Imenti South Sub County, Meru CountyUploaded byIJIRST
- 07. LAMPIRAN SPSS.docxUploaded byArnimas Rizkyta
- 330_Lecture9_2014.pdfUploaded byAnonymous gUySMcpSq
- Cost Management 2nd Edition Eldenburg Test BankUploaded byaperez1105

- ALCASID Social AdvocacyUploaded byChenelly Doromal Alcasid
- Advanced Linguistic PontificatorsUploaded byChenelly Doromal Alcasid
- DEBATE_Entrepreneurs Are GamblersUploaded byChenelly Doromal Alcasid
- Massage Therapy NC IIUploaded byChenelly Doromal Alcasid
- Food Processing NC IIUploaded byChenelly Doromal Alcasid
- Enterprise Resource Planning_pptUploaded byChenelly Doromal Alcasid
- Child Labor Social Advocacy ProgramUploaded byChenelly Doromal Alcasid

- Frutas y Verduras, Consuma 5 o Mas Para La Salud - HarvardUploaded byAtp Franklin
- TECHNICAL PROPOSALUploaded byMark Sinclair
- codethesis.pdfUploaded byDipendra
- Embryonic Development.pdfUploaded bymicabiologist
- HP Prime Advanced Workshop Alt V2Uploaded byandrewjrcass
- Electricity Information 2018 OverviewUploaded byUsman Mari
- ITT PROJECT LAXMI.docUploaded byVinay Arora
- Flight Dynamics ManualUploaded byedwardsilva
- The SuperSensonic Magnetron _ Aetheric ArtsUploaded byambertje12
- What is VSWR - VSWR in Telecom - Voltage Standing Wave RatioUploaded byMd Irshad Alam
- Arenavirus.pptUploaded byRamirez Giovar
- MathsUploaded byvikash_nautiyal
- Chronic Rhinosinusitis NewUploaded byDewanggaWahyuPraja
- History of StatisticsUploaded byLavina Nair
- PRO40 UserGuide EnglishUploaded byHelton Pereira
- Hazrat BabajanUploaded byKedar Kelkar
- Mitsubishi Engine 4G6Uploaded byBoeru Razvan
- SLE TranslatedUploaded byYasir Saifullah
- Maranao PeopleUploaded byJoel Ramos
- Rapid drawdown in slopes and embankmentsUploaded bySharon_SK
- Greenlee CommunicationsUploaded byThant Zin
- Scratch on SEAT BACK BAR GARNISH by Convertible Top contacting.pdfUploaded byAnonymous Xhxs7XYomR
- Self drainage of viscous fluids through pipes.pdfUploaded byRavi Tripathi
- MTU16V4000DS2000_2000kW_Standby.pdfUploaded byTeox
- DKC02.1_PRJ2Uploaded byDavid Caruso
- 7740-27298-1-PBUploaded bycrownesya
- Koning Molten Salt ApplicationsUploaded byidkwhii
- Electrical2013.pdfUploaded byCorina Stanculescu
- 2 Power DistributionUploaded byAhmed Elsayed
- aCIDITYUploaded byApex Institute