a) b) c) is the estimated marginal effect of x ony is the estimated valee of y w

Question

a) b) c) is the estimated marginal effect of x ony is the estimated valee of y when x equals o is eqaal to the population intercept 5. The residual is a) the difference between the observed value of the dependent variable and the ooserved value ol the b) the difference between the observed value of the dependent variable and the predicted value of the the difference between the predicted value of the dependent variable and the predicted value of the d) the difference between the predicted value of the independent variable and the observed value of the c) 6. The term "goodness-of-fit" refers to a) the accuracy of the estimated sample regression function. b) whether or not the estimated sample regression function is correct c) method by which we determine the best-fit line d) the extent to which observed data match the values expected by theory. 7. In general, a larger R2 tends to suggest that a) the estimated sample regression function explains a greater percentage of the total variation in y b) the estimated sample regression function is more accurate. e) the estimated sample regression function explains a greater percentage of the explained variation in y d) the estimated slope coefficient is more likely to equal the population slope coefficient

Explanation / Answer

Ans

1 A is right. Their dispersion around line of best fit is less

2 A is right. It is not influenced by units of variable

3 again A is right. Independent variable determines values of dependent variables

4 b is right

5 again A is right

6 A is the right answer

7 A is right. See its definition

Was required to answer only 4 parts according to Chegg policy but still answered all Please. please like answer

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