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1. BUS 308 Week 4 Quiz - New
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2. BUS 308 Week 4 Quiz - New
1. With reference to problem 1, what statistic determines the correlation of
experience with productivity, controlling for age in experience?
2. In a problem where interest rates and growth of the economy are used to
predict consumer spending, which of the following will increase prediction
error?
3. With reference to problem 3, how is the regression constant or the a value
interpreted?
4. Which of the following is a problem in simple regression?
5. In a problem where average temperature and number of daylight hours are used
to predict energy consumption in homes, what does the standard error of multiple
estimate gauge?
6. What does “shrinkage” mean in reference to regression solutions?
7. The degree to which years of education and years of experience together
correlate with annual salary is indicated in multiple correlation.
8. The criterion variable in regression is the variable used to predict the
value of y.
9. Which of the following are consistent with the requirements of simple
regression?
10. Larger sample diminish the standard error of the estimate.