The range of values in which we can be confident that the true regression coefficient lies within a given degree of probability is called a:
A) prediction interval.
B) confidence interval.
C) logistic regression.
D) none of the above.
B
Economics
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The demand for money curve is negatively sloped because people tend to hold less money at lower interest rates.
a. true b. false
Economics
How does real gross domestic product (GDP) differ from nominal GDP?
A. Nominal GDP controls for price changes, while real GDP does not. B. Real GDP controls for price changes, while nominal GDP does not. C. Nominal GDP can be used to directly compare the amount of output produced from year to year, while real GDP cannot be used for such comparison. D. There is no difference between nominal GDP and real GDP.
Economics