Estimate for the value of the response variable, Basic Statistics

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: Estimate for the value of the response variable

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Basic Statistics: Estimate for the value of the response variable

Reference No:- TGS0716734

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Recent Questions Asked Basic Statistics

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Basic Statistics: Estimate for the value of the response variable

Reference No:- TGS0716734

Recent Questions Asked Basic Statistics

Q : Annual profit while conforming to company policy

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Q : Spent on media advertising

Q : Difference between the probabilities of parts

Q : Estimate for the value of the response variable

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Q : Distributed random variables with common standard normal

Q : Percentage of couples

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