Solved

Consider the Following Data and Its Associated Excel Output for a Simple

Question 18

Multiple Choice

Consider the following data and its associated Excel output for a simple linear regression model.How would you describe the linear relationship between Y and X?
 Period  Y  X  Period 1 101 Period 2 112 Period 3 93 Period 4 124 Period 5 135 Period 6 126 Period 7 157\begin{array} { | c | c | c | } \hline \text { Period } & \text { Y } & \text { X } \\\hline \text { Period 1 } & 10 & 1 \\\hline \text { Period 2 } & 11 & 2 \\\hline \text { Period 3 } & 9 & 3 \\\hline \text { Period 4 } & 12 & 4 \\\hline \text { Period 5 } & 13 & 5 \\\hline \text { Period 6 } & 12 & 6 \\\hline \text { Period 7 } & 15 & 7 \\\hline\end{array}
 Intercept 2.267 Slope 0.843 SE 1.810 Correlation 0.890 r-squared 0.791\begin{array} { | l | l | } \hline \text { Intercept } & 2.267 \\\hline \text { Slope } & 0.843 \\\hline \text { SE } & 1.810 \\\hline \text { Correlation } & 0.890 \\\hline \text { r-squared } & 0.791 \\\hline\end{array}


A) no relationship
B) positive relationship
C) negative relationship
D) inverse relationship
E) not enough information is provided

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions