MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Explain what is meant when we say that a quantitative predictor variable and a qualitative predictor variable interact.
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- What are some examples of ways in which linear regression to create a beneficial statistical outcome, in a business setting?arrow_forward1. A change of a dependent variable is all due to a manipulation of intended independent variables . Explain, with an example, why this statement can be inaccurate . Explain why cause of a regression model can also fail to discover a causal relationshiparrow_forwardMany statistical textbooks define regression analysis as a statistical tool that is used mainly for description or prediction. Based on this statement, provide two examples of an application or applications using regression analysis for decision-making—one for description and one for prediction.arrow_forward
- You are interested in whether there are gender differences in voting behaviour using the European Social Survey. Youestimate a regression model with being a woman as the single explanatory variable. Clearly write down the regression model.arrow_forwardThe Core grade point is the eventual dependent variable in a regression analysis. Look at the correlations between all variables. Is multicollinearity likely to be a problem? Why or why not?arrow_forwardDescribe a hypothetical study for which multiple regression with more than two predictor variables would be an appropriate analysis. Your description should include one dependent variable and three or more predictors.arrow_forward
- You do a survey where you ask people both their age and their income. You want to see if there is a relationship between these two variables, and you want to create an equation you can use to predict someone’s age from his/her income. What kind of hypothesis test or analysis should you do?a. One-Factor, Independent-Measures ANOVAb. Two-Factor ANOVAc. Correlation/Regressiond. Chi-Square Goodness of Fitarrow_forwardPrinciples is basic general truth about the cause and effect relationship between variables. True or falsearrow_forwardFor a two-variable linear regression, if the sample correlation between the depen- dent and independent variables is –0.7, then the independent variable explains 49% of the variation in the dependent variable. Is this statement true? Explain your answer.arrow_forward
- Bowling Corporation wants to know how closely its current cost driver is correlated with its monthly operating costs. The managerial accountant runs a regression analysis using a statistical software program and produces the following data: Intercept Coefficient = 12,200,567 X Variable 1 Coefficient = 95.65 R-square= 0.8574 What is the Bowling Corporation's monthly cost equation? OA. y $95.65x + $12,200,567 OB. y $95.65x + $8.574 O c. y = $0.8574x + $12,200,567 O D. y = $12,200,567x + $8,574 ---arrow_forwardWhich statement is not correct for multiple regression model? When we interpret this categorical variable, we would say the change we observe when one switches from the reference category to the specific category. The reference category will not be displayed in our model results. If we include a categorical variable with more than two values (e.g., religion) as an independent variable, we want to include a dummy variable for all categories except for two. We can include more than two categorical variables in the model. The value of the independent variable not included in the model is called "reference category."arrow_forwardOrdinal data cannot be analyzed using regression analysis. True Falsearrow_forward
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