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forecasting 2

Authored by fujii Wife

Special Education

12th Grade

forecasting 2
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is regression used for?

Identifying the functional relationship between variables

Counting the number of observations

Calculating the mean of a dataset

Sorting data in alphabetical order

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In linear regression, what does the dependent variable represent?

The variable that is not related to other variables

The variable that is constant

The variable that causes the results observed in the past

The variable that is predicted

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the slope of the regression line represent?

The rate of change in the dependent variable for a unit change in the independent variable

The average of the dependent variable

The intercept with the Y axis

The standard error of the regression

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What function in Excel gives the slope of a regression line?

Trend()

Intercept()

Regression()

Slope()

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the coefficient of determination (R^2) measure?

The correlation between two independent variables

How close the data are to the regression line

The number of data points in the dataset

The standard deviation of the dependent variable

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the dependent variable in the given table of demand during 7 quarters?

Actual Demand

Quarter

Slope

Intercept

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 95% Confidence interval for the intercept in the regression analysis?

45.94 to 0.75

7.43 to 0.00

0.82 to 1.68

32.64 to 36.51

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