Matching Pairs Concepts of linear regressionOnline version Ejercicio para interpretar y plasmar conceptos de regresión lineal. by Cecilia Cancino Núñez 1 Wage and experience have a/an ___________ 2 Master is a _________ of the model wage=f(Master, Expetience, Performance, Hours) 3 Wage is the dependent variable, also known as __________ 4 Stochastic error term: 5 u represents the _________ of the regression model 6 Ceteris Paribus, an additional year of experience would represent a higher wage of $__________, on average. 7 Financial analysts with a Master degree have a wage that is on average $ _________ than analysist with no master. 8 Wage and hours have a/an ____________ relation. Regressor 4271.64 a term that is added to a regression equation to introduce all of the variation in Y that cannot be explained by the included X 1816.94 Regressand stochastic error term Inverse Direct