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NEW QUESTION: 1
A. Option E
B. Option D
C. Option C
D. Option B
E. Option A
Answer: B,C
NEW QUESTION: 2
Variables X and Y are perfectly negatively correlated. Given only this information, if you run a regression of Y against X, which of the following is/are true?
I. The intercept term is zero.
II. The slope equals 1.
III. R-square equals 1.
IV. The percentage of unexplained variance equals 100%.
A. III & IV
B. III only
C. IV only
D. I only
E. I & II
F. II only
G. I & III
Answer: B
Explanation:
Explanation/Reference:
Explanation:
If Y = aX + b, then X and Y are perfectly negatively correlated for any value of b and any negative value of a. Hence, given the information in the question, the slope must be negative but not necessarily equal to 1 and the intercept term cannot be determined. Since the correlation coefficient is 1, R-square is also 1, as expected, since all the variation in Y can be explained by variation in X Note that the percentage of unexplained variance equals zero.
NEW QUESTION: 3
A company that ships self-propelled cargo and prefers not to utilize specialized lifting equipment should consider which of the following types of shipping vessels?
A. Roll-on/roll-off (RORO)
B. Suez-Max
C. Handysize
D. Trot-on/trot-off (TOTO)
Answer: D
NEW QUESTION: 4
A. Option A
B. Option B
C. Option D
D. Option C
Answer: A