Start learning 50% faster. Sign in now
Statement I: "In the simple linear regression model with an intercept, the regression slope when multiplied by the explanatory variable X will give the predicted Y." This statement is incorrect. In a simple linear regression model, the predicted value of Y is given by the equation y = β0 + β1X, The slope β1 when multiplied by X gives the change in Y for a unit change in X, but it does not give the predicted value of Y directly, we need to include intercept as well. Statement II: "In the simple linear regression model, the regression slope indicates by how many units Y increases, given a one-unit increase in X." This statement is correct. The slope β1in a linear regression model represents the change in the dependent variable Y for a one-unit change in the explanatory variable X.
When was the Pradhan Mantri Jan Dhan Yojana (PMJDY) launched?
During whose administration was the 'Permanent Settlement' system established?
Which country’s new President, Prabowo Subianto, is expected to be India’s chief guest for Republic Day 2025?
According to the UNICEF report "Learning Interrupted," how many students faced climate-related education disruptions in 2024?
Which city did Tech Mahindra and IBM choose to inaugurate a Synergy Lounge aimed at accelerating digital adoption?
The Atal Bhujal Yojana (ABY), extended until 2028, primarily focuses on what?
How many new districts, including Meluri, have been created in Nagaland over the last three years?
Which of the following ministries is the largest claimant for funds through Sovereign Green Bonds (SGBs) for green energy projects in India?
Which Armed Force recently signed a Memorandum of Understanding (MoU) with the Indian Railway Catering and Tourism Corporation (IRCTC) to ensure the saf...
Which company has entered into a joint venture agreement with Kowa Holdings for the sales and marketing of green ammonia & green hydrogen produced and s...