Question
Download Solution PDFWhich of the following statements is/are correct in respect of regression coefficients?
1. It measures the degree of linear relationship between two variables
2. It gives the value by which one variable changes for a unit change in the other variable.
Select the correct answer using the code given below.Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept:
Regression variable tells about the degree of dependence of one variable on the other
Calculation:
When the regression line is linear: y = ax + b
This tells about dependency of variables and not the linear relationship
So, statement (1) is not correct but (2) is correct.
Hence, option (2) is correct.
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