When plotting variables on a scatter diagram the variables, Financial Management

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When plotting variables on a scatter diagram the variables

1. If two variables are known to be correlated, it is possible to predict the value of y (dependent variable) from an x (independent) variable.

True / False

2. The ANOVA table provides the Significance of F to use to see if we reject or fail to reject the null hypothesis of no significance. The Significance of F is also known as the P-value.

True / False

3. When plotting variables on a scatter diagram, the variables plotted on the Y-axis is the horizontal axis and the X-axis is the vertical axis.

True / False

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