ECO254
Question: sampling distribution is the set of all possible values of a particular ______
Answer: statistic
Question: The _____ of the sampling distribution is known as the standard error
Answer: Standard deviation
Question: Sampling where each member cannot be chosen more than once is called sampling without ______
Answer: replacement
Question: A regression model with more than one explanatory variable is called _____ regression
Answer: Multiple
Question: In statistics, _______ is an approach for modelling the relationship between scalar dependent variable Y and one or more explanatory variables denoted X
Answer: Regression line
Question: If the parameters are over estimated, the _______ are positive errors
Answer: Sampling error
Question: Application of Simple Linear regression analysis is the way by which we subject different data to statistical analysis by using computer software such strata, e-view to analyse and predict the relationship between the dependent variable and _________
Answer: independent variable
Question: Regression analysis is widely used for prediction and ________
Answer: Forecasting
Question: Sampling where each member have equal chance to be chosen is called ______
Answer: probability sampling
Question: ______ assigns a probability to each measurable subset of the possible outcome
Answer: Probability distribution
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