I need the second answer!?!?
1 answer:
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Step-by-step explanation:
To determine simple interest, we use the formula
where I is the interest, p is the principal or initial amount, r is the interest rate is in the unit of years and t is the time in years
When the times is 3 years , then we plug in 3 for 't' directly
we know that 1 year = 12 months
Suppose, the time is given in months then we divide time 't' by 12
When the times is 4 months , then we plug in 4 for 't' and divide by 12
we know that 1 year = 365 days
Suppose, the time is given in days then we divide time 't' by 365
When the times is 45 days , then we plug in 45 for 't' and divide by 365
Answer:
Option a) u is called the "error term". It is the error we make in prediction
Option d) x is called the independent variable because x is independent from y and u.
Step-by-step explanation:
We are given the following information in the question:
where y is the dependent variable, x is the independent variable.
: It is the value of y when x is zero, that is y-intercept.
: It is the coefficient of x in predicting the dependent variable y.
u is the error term.
- An error term represents the margin of error.
- It refers to the sum of the deviations within the regression line, that is the difference between the predicted value and the observed value of y.
Thus, Option A) u is the error term and Option D) x is called the independent variable because x is independent from y and u are the correct answer.