Quiz 2

refers to the use of sample data to calculate a range of values that is believed to include the value of
the population parameter.

a. Statistical inference

b. Hypothesis testing

c. Interval estimation

d. Point estimation

The least squares regression line minimizes the sum of the

a. absolute deviations between actual and predicted y values.

b. squared differences between actual and predicted y values.

c. differences between actual and predicted y values.

d. absolute deviations between actual and predicted x values.

The graph of the simple linear regression equation is a(n)

a. ellipse.

b. parabola.

c. straight line.

d. hyperbola.

The best way to differentiate chart elements is using

a. colors.

b. chart titles.

c. bubbles.

d. labels.
refers to the degree of correlation among independent variables in a regression model.

a. Rank

b. Multicollinearity

c. Tolerance
 d. Confidence level

A time series plot is also known as a

a. line chart.

b. dot plot.

c. frequency graph.

d. boxplot.

In a linear regression model, the variable (or variables) used for predicting or explaining values
of the response variable are known as the __________. It(they) is(are) denoted by x.
a. dependent variable

b. residual variable

c. independent variable

d. regression variable

A procedure for using sample data to find the estimated regression equation is

a. interval estimation.

b. point estimation.

c. extrapolation.

d. the least squares method.

Making visual comparisons between categorical variables may be difficult in a

a. scatter chart.

b. pie chart.

c. line chart.

d. column chart.

Which one of the following statements is not true concerning PivotTables in Excel?

a. PivotTables are also known as crosstabulation tables.

b. PivotTables summarize data for two variables.

c. PivotTables can be built using data arrayed in rows.

 d. PivotTables are interactive.

Prediction of the value of the dependent variable outside the experimental region is called

a. extrapolation.

b. averaging.

c. interpolation.

d. forecasting.

A _____________ is a graphical presentation of the relationship between two quantitative

variables.

a. bar chart

b. histogram

c. scatter chart

d. pie chart

A _____________ is a line that provides an approximation of the relationship between the

variables.

a. trendline

b. line chart

c. gridline

d. sparkline

The ___________ is a measure of the goodness of fit of the estimated regression equation. It can
be interpreted as the proportion of the variability in the dependent variable y that is explained by the
estimated regression equation.

a. dummy variable

b. interaction variable

c. residual

d. coefficient of determination

is used to test the hypothesis that the values of the regression parameters ß1, ß2, ... ßq are all zero.

a. An F test
 b. Extrapolation

c. A t test

d. The least squares method

Regression analysis involving one dependent variable and more than one independent variable is
known as
a. multiple regression.

b. simple regression.

c. linear regression.

d. None of these choices are correct.

The difference between the observed value of the dependent variable and the value predicted using
the estimated regression equation is known as the

a. error term.

b. constant term.

c. residual.

d. model parameter.

To summarize and analyze data with both a crosstabulation and charting, Excel typically pairs

a. heat maps with trendlines.

b. bubble charts with trendlines.

c. stacked column charts with PivotTables.

d. PivotCharts with PivotTables.

The __________ is the range of values of the independent variables in the data used to estimate
the regression model.
a. experimental region

b. codomain

c. confidence interval

d. validation set
In the graph of the simple linear regression equation, the parameter ß0 represents the
___________ of the true regression line.

a. slope

b. x-intercept

c. end-point

d. y-intercept