quiz 6 week 6 1

Question 1 of 10

An error term represents the vertical distance from any point to the:

A. estimated regression line

B. population regression line

C. value of the Y’s

D. mean value of the X’s

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Question 2 of 10

Which definition best describes parsimony?

A. explaining the most with the least

B. explaining the least with the most

C. being able to explain all of the change in the response variable

D. being able to predict the value of the response variable far into the future

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