Linear Regression for Finance

1. What is the primary goal of linear regression in finance?
2. Which of the following are key assumptions of linear regression?
3. The slope coefficient in linear regression represents the change in the dependent variable for a one-unit change in the independent variable, holding other variables constant.
4. What term describes the variable being predicted in a linear regression model? (one word)
5. Which metric measures the proportion of variance in the dependent variable explained by the independent variables?
6. In finance, linear regression is commonly used to model which of the following relationships?
7. A negative slope coefficient in linear regression implies that as the independent variable increases, the dependent variable tends to decrease.
8. What is the name of the method used to estimate regression coefficients by minimizing the sum of squared differences between observed and predicted values? (acronym or full name)
9. If a linear regression model has an R-squared of 0.60, what does this indicate?
10. What term describes a situation where independent variables in a regression model are highly correlated with each other?
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