Residuals in a regression application represent the difference between the actual y and the predicted y.

Question 10 options:

TrueFalse

In constructing a model, if the correlation regression coefficient is close to zero, the model slope will also be close to zero.

Question 11 options:

TrueFalse

You conduct a test at a 5% level of significance to determine if the slope is positive. The p-value is 0.238. From this, you would conclude there is a positive linear relationship between the x and y variables.

Question 12 options:

TrueFalse