BUS – 173 (Applied Statistics) # Determining if the following statement are True and False. If False, write the correct statement. 01. The value of the perfect positive correlation is -1 (a) True (b)...

Extracted text: BUS – 173 (Applied Statistics) # Determining if the following statement are True and False. If False, write the correct statement. 01. The value of the perfect positive correlation is -1 (a) True (b) False 02. In the Simple linear regression model, components of the random error term are assumed to be dependent (a) True (b) False 03. In the Simple linear regression model, components of the random error term have fixed mean zero. (a) True (b) False