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M3 - Graded Quiz

M3 - Graded Quiz

Q 1. When a variable is determined by a factor inside of the function or model being evaluated, it is said to be 2. If an estimated regression explains none of the variation, R will be 3. An estimated demand curve does NOT necessarily match actual data perfectly because 4. A regression analysis with explanatory variables is called a 5. The goodness of the fit of a line is measured by the

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1. endogenous. 2. 0 3. some factors that are not measured or observed may affect the curve. 4. two or more; multivariate regression. 5. R statistic.