Relier Pairs Concepts of linear regressionVersion en ligne Ejercicio para interpretar y plasmar conceptos de regresión lineal. par Cecilia Cancino Núñez 1 Ceteris Paribus, an additional year of experience would represent a higher wage of $__________, on average. 2 Wage is the dependent variable, also known as __________ 3 Stochastic error term: 4 u represents the _________ of the regression model 5 Master is a _________ of the model wage=f(Master, Expetience, Performance, Hours) 6 Wage and hours have a/an ____________ relation. 7 Wage and experience have a/an ___________ 8 Financial analysts with a Master degree have a wage that is on average $ _________ than analysist with no master. Regressand 4271.64 stochastic error term Regressor 1816.94 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 Inverse Direct