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Commerce · Q192

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 192

Q192

In the case of an algebraic model for a straight line, if a value for the x variable is specified, then:

A.
the exact value of the response variable can be computed
Answer
B.
the computed response to the independent value will always give a minimal residual
C.
the computed value of y will always be the best estimate of the mean response
D.
none of these alternatives is correct

Answer: Option A

Solution

Answer: Option A
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