Question: Can linear regression only have positive values and can linear regression have discrete numerical variable?

Can linear regression only have positive values and can linear regression have discrete numerical variable?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

Exercise 16.5 shows that given the three observations on binary choice with \(y_{1}=1, y_{2}=1, y_{3}=0\) the maximum likelihood estimator of the logit model \(P(y=1)=\Lambda\left(\gamma_{1} ight)\)...

Q:

In Example 16.3, we illustrate the calculation of the likelihood function for the probit model in a small example. a. Calculate the probability that \(y=1\) if \(x=1.5\), given the values of the...

Q:

James Mayesacademic advisor for the of Business, used car lot that deals solely in used CorvettesHe wants to develop a regression predict the he can expect receive for the cars he ownsHe collected...

Q:

51+ You are working with two variables. One of them is Sales Revenue (continuous variable). The other is Customer Satisfaction percentage (continuous variable). If you are looking to identify a...

Q:

CoursHeroTranscribedText: Date Rio Tinto Share Value Iron Ore Prices US GDP ($USD Billion) GFC Carbon Tax 3/1/1988 6/1/1988 9/1/1988 12/1/1988 3/1/1989 6/1/1989 9/1/1989 12/1/1989 3/1/1990 6/1/1990...

Q:

Consider a linear regression model where y represents the response variable, x is a numerical explanatory variable, and dis a dummy variable. The model is estimated as 16.1+3.9x - 3.6d. a. Interpret...

Q:

SUMMARY OUTPUT Regression Statistics Multiple R 0.05860241 R Square 0.00343424 Adjusted RS -2.191E-06 Standard Err 660937.324 Observations 292 ANOVA df Regression Residual Total SS MS F Significance...

Q:

Customer Satisfaction Modelling and Analysis: A Case Study. Total Quality Management & Business Excellence, 18(5), 545-554. doi:10.1080/14783360701240337 (attached below) Write a summary analysis and...

Q:

Used Jaguars Uncle Bob owns a used car business that sales solely used Jaguars. He wants to develop a regression model to help predict the price he can expect to receive for the cars he owns. He...

Q:

Explain how to find the slope and intercept for the The regression equation is displayed output. Choose the correct answer below. Armspan = 42.8 + 1.99 Height O A. The slope is the number being...

Q:

Concord Company has accumulated the following budget data for the year 2022. 1. 2. 3. 4. 5. Sales: 31,230 units, unit selling price $88. Cost of one unit of finished goods: direct materials 1 pound...

Q:

Imagine that the US is preparing for the outbreak of an unusual emergent virus, let's call it COVID-19 for fun, which is expected to kill 600 people. Two alternative programs to combat the disease...

Q:

If the straight - line depreciation method is used, the annual average investment amount used in calculating rate of return is calculated as ( beginning book value ending book value ) ? 2 . True False

Q:

The Devon Motor Company produces automobiles. On April 1 , the company had no beginning inventories, and it purchased 7 , 0 6 0 batteries at a cost of $ 1 3 0 per battery. It withdrew 6 , 5 0 0...