ISDS Final
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Coefficient of determination
R^2
Error Sum of Squares
SST-SSR= SSE
You are a personnel director and are interested in predicting the Annual Salary for each employee based upon the Number of Years Employed with the company. Which of the following statements is true?
annual salary is the independent variable The number of years employed with the company in the dependent variable
In simple linear regression analysis which of the following assumptions must be met in order to ensure valid conclusions?
For each X, the error terms have histograms that are normal X is linearly related to Y For each X, the variances around the regression line must be constant The errors are independent of each other
SB1
Standard Deviation of slope
