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Questions
Questions
Single choice

Question at position 31 Which statements below about least-squares regression are correct? I. Switching the explanatory and response variables will not change the least-squares regression line. II. The slope of the line is very sensitive to outliers with large residuals. III. A value of r2 close to 1 does not guarantee that the relationship between the variables is linear.Only III is correctBoth II and III are correctI, II, and III are correctOnly I is correctOnly II is correct

Options
A.Only III is correct
B.Both II and III are correct
C.I, II, and III are correct
D.Only I is correct
E.Only II is correct
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Approach Analysis
To begin, let's lay out the statements and options clearly so each can be evaluated on its own merits. Option A: Only III is correct Option B: Both II and III are correct Option C: I, II, and III are correct Option D: Only I is correct Option E: Only II is correct Now, assess each statement in turn, without jumping to a conclusion: - I. Switching the explanatory and response variables will not change the least-squares regression line. This is not true in general. The least-squares line for y on x is no......Login to view full explanation

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