Podcast
Questions and Answers
What is the formula for the regression equation?
What is the formula for the regression equation?
- $Y = aX^2 + bX + c$
- $Y' = aX^2 + bX$
- $Y' = a + bX$ (correct)
- $Y = mx + c$
What does the sum of residuals represent in regression analysis?
What does the sum of residuals represent in regression analysis?
- Intercept value
- Predicted scores
- Deviations from the regression line (correct)
- Actual points
What assumption is necessary for correlation analysis?
What assumption is necessary for correlation analysis?
- Data spread around the mean
- Normality of underlying data (correct)
- Non-linear relationship between variables
- Equal variances of data sets
What is the relationship between regression analysis and correlation?
What is the relationship between regression analysis and correlation?
What does the regression line aim to minimize?
What does the regression line aim to minimize?
What is a key advantage of non-parametric tests?
What is a key advantage of non-parametric tests?
What is the main drawback of non-parametric tests compared to parametric tests?
What is the main drawback of non-parametric tests compared to parametric tests?
What is the purpose of bootstrapping techniques in statistics?
What is the purpose of bootstrapping techniques in statistics?
What statistical measures are used to know about the distribution of values?
What statistical measures are used to know about the distribution of values?
What does the standard error of the mean represent in statistics?
What does the standard error of the mean represent in statistics?
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