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1 year ago

Which of the following statements about least squares regression analysis is true?

Mathematics

1 answer:

Lemur [1.5K]1 year ago

7 0

The statements about least squares regression analysis is true are I and III.

<h3>What is meant by regression analysis?</h3>

The statistical technique of regression analysis demonstrates the link between two or more variables. The method evaluates the relationship between a dependent variable and independent factors, and is frequently presented as a graph.

You can anticipate the effects of the independent variable on the dependent one by creating a regression analysis. For instance, we can claim that a linear regression model can adequately account for age and height.

Here,

From the given information in the question:

The statements I and III are correct.

And the statements are:

A point with a large residual is an outlier and the removal of an influential point from the data set could change the value of the correlation coefficient.

So, the statements I and III are correct for the given information in the question.

To know more about regression analysis, visit:

brainly.com/question/28298210

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3 years ago

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Answer:

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3 years ago

Read 2 more answers

Mason currently pas $420 per month in rent. the contract on his apartment sates that his rent will increase by 6% next year.

Sergeeva-Olga [200]

Answer:

a. Mason's rent will increase by $302.40 next year.

b. Mason's new rent per month next year will be $445.20.

Step-by-step explanation:

The first question is asking us how much Mason's rent will increase next year.

If the contract on Mason's apartment states that his rent will increase by 6% next year, and he is currently paying $420 per month, to calculate the increase of the rent next year, we will first have to multiply $420 by 12 months to calculate how much Mason is paying in rent a year:

$420* 12=$

$5040$

Therefore, Mason is currently paying $5040 a year.

With this information, we will now need to calculate 6% of $5040. To calculate 6% of $5040, convert 6% to decimal form, and multiply it by $5040.

<em>6% means 6 per cent/hundred, so it can be represented as:</em>

$\frac{6}{100}$

<em>The fraction </em> $\frac{6}{100}$ <em> can be represented as (we're two places behind the decimal, in the hundredths place)</em>:

$0.06$

Now, multiply the decimal form of 6% by $5040:

$0.06*5040=$

$302.40$

Therefore, Mason's rent will increase by $302.40 next year.

To calculate Mason's new rent per month next year, we can divide $302.40 into 12 months to see the rent increase per month, and then add that quotient to Mason's current rent per month, $420:

$302.40$ ÷ $12=$