Best estimate for the value of the response variable, Basic Statistics

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Best estimate for the value of the response variable

If Ho: B1 = 0 is not rejected, what is the best estimate for the value of the response variable for any value of the explanatory variable?

1. There is no way to estimate the value of the response variable

2. The best estimate is the sample mean of y

3. The best estimate is the mode of the sample y values

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Basic Statistics: Best estimate for the value of the response variable

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Best estimate for the value of the response variable

Reference No:- TGS0716693

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

Q : Determine how long it will take for the refrigerator to cool

Q : Determine how long it will take for the refrigerator to cool

Q : Find compression of spring if car momentarily bring to rest

Q : Difference between the probabilities of parts

Q : Best estimate for the value of the response variable

Q : Find standard deviation acceptable in the shaft strength

Q : Class limits-class boundaries-midpoint

Q : Calculate the velocity imparted to barge

Q : Find the q values and plot the feed lines

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Best estimate for the value of the response variable

Reference No:- TGS0716693

Recent Questions Asked Basic Statistics

Q : Determine how long it will take for the refrigerator to cool

Q : Determine how long it will take for the refrigerator to cool

Q : Find compression of spring if car momentarily bring to rest

Q : Difference between the probabilities of parts

Q : Best estimate for the value of the response variable

Q : Find standard deviation acceptable in the shaft strength

Q : Class limits-class boundaries-midpoint

Q : Calculate the velocity imparted to barge

Q : Find the q values and plot the feed lines

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