What is the difference between a population linear regression model and an estimated linear regression model?

What will be an ideal response?


A population linear regression equation consists of the true regression coefficients ?is and the true model error ?i. By contrast, the estimated linear regression model consists of the estimated regression coefficients bis and the residual term ei. The population regression equation is a model that purports to measure the actual value of Y while the sample regression equation is an estimate of the predicted value of the dependent variable Y.

Business

You might also like to view...

Various factors have contributed to the increased importance of packaging as a marketing tool. List and briefly describe these factors

What will be an ideal response?

Business

Chou Co. has a net income of $49,000, assets at the beginning of the year are $256,000 and assets at the end of the year are $306,000. Compute its return on assets.

A. 17.4%. B. 9.5%. C. 16.0%. D. 19.1%. E. 1.6%.

Business

According to the text, personnel working in a foreign subsidiary are not working in the international environment

A. if they are responsible for the subsidiary's exports. B. if they are responsible for manufacturing activities within the foreign subsidiary, including purchasing inputs from another country. C. if they are the sales manager responsible for selling product in the home country and the foreign subsidiary's nation. D. if they work and live in the foreign subsidiary's country. E. if they manage workers in another country.

Business

Price discrimination is expressly permitted in all of the following except: A) In differences involving product grade or quality

B)When involving the cost of transportation. C)When making good faith efforts to meet the competition. D)In situations involving resale price maintenance.

Business