With reference to linear regression define the following terms: i) Scatter diagram. ii) Bivariate distribution. iii) Positive correlation. iv) Confidence interval. v) Auto correlation

      

With reference to linear regression define the following terms:
i) Scatter diagram.
ii) Bivariate distribution.
iii) Positive correlation.
iv) Confidence interval.
v) Auto correlation

  

Answers


Wilfred
i) Scatter diagram is a plot of a distribution in its ungrouped form on a graph
ii) Bivariate distribution is a distribution of two variables
iii) Positive correlation occurs when movement of one variable in one direction causes the other variable to move in the same direction
iv) Confidence interval is the limit at which a parameter or the linear regression itself is taken to represent a given distribution
v) Autocorrelation occurs when a series? errors or disturbance covariance is not equal to zero so theleast squares estimated are not the best linear unbiased estimates.
Wilfykil answered the question on February 20, 2019 at 08:43


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