Question: Question 13: In a regression model with dependent variable Y and independent variable X, if we want our coefficient to capture a quadratic relationship, we

 Question 13: In a regression model with dependent variable Y and

Question 13: In a regression model with dependent variable Y and independent variable X, if we want our coefficient to capture a quadratic relationship, we need to regress Y o 1/X. (TRUE/FALSE) Answer: Question 14: Perfect collinearity happens only when our R-squared is 1. (TRUE/FALSE) Answer: Question 15: Increasing the sample size decreases of the probability of Type 2 error in hypothesis testing. (TRUE/FALSE) Answer: Question 16: A single regression model where the dependent variable is Y and independent variable is X, finds the line that minimizes the sum of errors. (TRUE/FALSE)

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