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Question 4 - ICBB discussion

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Choose those characteristics of a Simple Linear Regression (SLR) Analysis that are applicable. (Note: There are 3 correct answers).

A.
The Correlation Coefficient is always greater than the Regression Coefficient in a SLR
Answers
A.
The Correlation Coefficient is always greater than the Regression Coefficient in a SLR
B.
General Regression Analysis deals only with Continuous Data
Answers
B.
General Regression Analysis deals only with Continuous Data
C.
Non-linear Regressions can explain curvature when with more statistical confidence than Linear Regressions
Answers
C.
Non-linear Regressions can explain curvature when with more statistical confidence than Linear Regressions
D.
SLR can help quantify the significance of variation in X that influences the variation in Y via a mathematical equation
Answers
D.
SLR can help quantify the significance of variation in X that influences the variation in Y via a mathematical equation
E.
A Correlation does not explain causation but a Regression Analysis with a statistically valid mathematical equation does explain causation
Answers
E.
A Correlation does not explain causation but a Regression Analysis with a statistically valid mathematical equation does explain causation
Suggested answer: A, D, E
asked 23/09/2024
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