Simple Regression Flashcards
1
Q
Bivariate regresion just means…
A
there’s 2 variables (with Y as dependent and X as independent)
2
Q
2 things simple regression allow us to do
A
- To use graphical representations of regression analysis
2. Show relationship between correlation and regression
3
Q
What is the most probable source of error in a regression
A
Missing variables
4
Q
What does the Sum of Squared residuals give us?
A
the size of the residual
5
Q
Ordinary Least Squares gives us…
A
the estimates of residuals
