Answer the following statement(s) true (T) or false (F)
1. The assumption of full model specification is that variables not specified in the model are justifiably omitted only when their cumulative effect on the dependent variable is zero.
2. Each of the regression coefficients is interpreted as its effect on the dependent variable, controlled for the effect of all of the other independent variables included in the regression.
3. It is okay for independent variables not to be correlated with the dependent variables, as long as they are highly correlated with each other.
4. The error term plot shows the relationship between the predicted dependent variable and the error term.
5. The lack of a pattern in the error term plot that is distributed around (0,0) indicates that the net effect of all variables excluded from the model on the dependent variable is zero.
1.true
2.true
3.false
4.true
5.true
You might also like to view...
The vice president
A) is head of the Coast Guard. B) presides over the Senate. C) runs Cabinet meetings. D) is the deciding vote in the Senate. E) serves as the Speaker of the House when the Speaker cannot be present.
Is generally defined as a set of shared learned values, beliefs, perceptions, attitudes, modes of living, customs, and symbols
Fill in the blank with correct word
Analyze the shared national interest of the United States and Iraqi Kurds
A) The Kurdish interest is motivated primarily by volatile regional politics, while the U.S. seeks to protect all Iraqi liberties. B) The U.S. interest is a general, temporary, and secondary one, while the Kurdish interest is specific and permanent. C) The U.S. interest encompasses all of Iraq, while the Kurdish one is limited and regional. D) The Kurdish interest is culturally based, while the U.S. interest is purely economic.
Outer space is considered __________.
A. national territory B. international territory C. UN territory D. open for conquest