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Category > Statistics Posted 11 Jun 2017 My Price 4.00

Explain with reason whether the following statements are true, false, or uncertain

    1. Explain with reason whether the following statements are true, false, or uncertain:

      1. Since the correlation between two variables, Y and X , can range from

−1 to +1, this also means that cov ( Y , X ) also lies between these limits.

 

      1. If the correlation between two variables is zero, it means that there is no relationship between the two variables whatsoever.

      2. If you regress Y i on Y ˆ i (i.e., actual Y on estimated Y ), the intercept and slope values will be 0 and 1, respectively.

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Alpha Geek
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Status NEW Posted 11 Jun 2017 10:06 AM My Price 4.00

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