Question
Verbal Reasoning Question on Statements and Inferences
Read the given statements about classical linear regression and identify the correct statements
A. The sum of the vertical deviations of the observed values from the derived straight line is equal to zero.
B. It is not possible to estimate the dependent variable.
C. The estimated variable is called the dependent variable.
D. The sum of the squares of vertical deviations of the observed values from the derived straight line is least from those obtained from any other orientation of the said straight line.
Choose the correct answer from the options given below:
A
A and B only
B
B, C and D only
C
A, C and D only
D
A. B and D only
Answer
A, C and D only
Explanation
Solution
The correct option is (C): A, C and D only.