BUS – 173 (Applied Statistics) # Determining if the following statement are True and False. If False, write the correct statement. Also Solve the MCQ 01. The possible range of coefficient of...

BUS – 173 (Applied Statistics)

# Determining if the following statement are True and False.

If False, write the correct statement.

Also Solve the MCQ

01.
The possible range of coefficient of correlation (r) is -1 to +1

 (a) True

 (b) False

02. In the simple linear regression model, b represents the

(a) least square estimate of A

(b) least square estimate of B

(c) Random error term

(d) Not given

03.In the Simple linear regression model, components of the random error term have fixed mean zero.

(a) True

(b) False