Asked by Tariq Hollandsworth on Apr 26, 2024
Verified
If cov(x,y)= 7.5075 and ,then the sample slope coefficient is 2.145.
Cov(X,Y)
The covariance between two variables X and Y, measuring how changes in one variable are associated with changes in the other.
Sample Slope Coefficient
A parameter in a linear regression equation that represents the change in the dependent variable for a one-unit change in the independent variable.
- Master the technique of value estimation and the interpretation of coefficients in regression analysis.
Verified Answer
MW
Michayla WashingtonApr 29, 2024
Final Answer :
True
Explanation :
The sample slope coefficient is estimated as b = cov(x, y)/var(x). Substituting the given values, we get b = 7.5075/ = 2.145. Therefore, the statement is true.
Learning Objectives
- Master the technique of value estimation and the interpretation of coefficients in regression analysis.