1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irinina [24]
3 years ago
7

A good regression model has the fewest number of explanatory variables providing an adequate interpretation of the dependent var

iable. True or False
Business
2 answers:
Lilit [14]3 years ago
6 0

Answer:

True

Explanation:

Firstly, we need to understand what a regression model is?

A regression model is a mathematical tool that is used to show the extent of agreement between the dependent and the independent. To show the extent of this agreement, it tends to take into consideration several independent variable that affect the dependent variable.

The regression model can be based on one independent variable or several independent variables. When based on one independent variable, this is a simple linear regression model. If it is a case where we are considering more than one independent variable, it is a multiple regression model.

Now a very good regression model will take into account the fewest number of dependent Batman

artcher [175]3 years ago
6 0

Answer: True

Explanation:

A regression model is used to determine the relationship between two or more variables and estimate one variable based on the others.

In statistical modeling, regression analysis is a set of statistical processes for estimating the relationships between a dependent variable and one or more independent variables.

You might be interested in
Marco wants to cancel his department store credit card so he threw it away after he paid last month's balance. Was this a good i
ANTONII [103]

Answer:

1. No, becuase someone could steal it.

2. No, becuase the fine you get for not paying a bill will grow.

Explanation:

3 0
3 years ago
An assembly line is an example of which type of Labor strategy
spin [16.1K]
An assembly line is an example of mass production
7 0
3 years ago
Read 2 more answers
La) State clearly 1 consumer need which is met by "Canadian Living" magazine. Be careful to remember that needs are "states of d
ella [17]

Answer:

<u>Need to perform everyday tasks like cooking.</u>

Explanation:

For example, Canadian Living magazines has a record of often publishing articles related to new cooking recipes that are cheap and affordable.

Many consumers often need information that can help that can assist them in cooking nutritional foods at the best price possible.

7 0
3 years ago
You are looking to buy a car and you have been offered a loan with an APR of 6.5 %​, compounded monthly. a. What is the true mon
jekas [21]

Answer: The answer is given below

Explanation:

a. What is the true monthly rate of​ interest?

The monthly rate of interest will be the annual percentage rate of charge given in the question divided by the number of months. This will be:

= APR/12

= 6.5%/12

= 0.065/12

= 0.0054

= 0.54%

b. What is the​ EAR?

The effective annual rate will be calculated using the formula:

EAR = (1 + (APR / m)^ m) - 1

EAR = (1 + (0.065/ 12)^12) - 1

EAR = [(1 + 0.0054)^12] - 1

EAR = (1.0054)^12 - 1

EAR = 1.06676 - 1

EAR = 0.06676

EAR = 6.68%

8 0
3 years ago
Which statement about globalization is true? a. It has led to more quotas on trade around the world. b. It is a purely economic
Lera25 [3.4K]

Answer:

c. It has been fueled by trade, immigration and foreign investment

Explanation:

Globalization refers to integration of domestic economy with respect to the world economy.

Import quotas refers to the duties and taxes imposed on the imported goods.

The concept of Globalization has witnessed drastic rise over the years owing to international trade, removal of pre-existing trade barriers, immigration of personnel and foreign investment which has seen a rapid rise in multi national corporation growth around the world.

Thus, Globalization has been driven by trade, immigration and foreign investment.

4 0
3 years ago
Other questions:
  • The Jabba Corporation manufactures the "Snack Buster" which consists of a wooden snack chip bowl with an attached porcelain dip
    11·1 answer
  • Which are examples of free enterprise?
    5·1 answer
  • Eskimo Pie Corporation markets a broad range of frozen treats, including its famous Eskimo Pie ice cream bars. The following ite
    8·1 answer
  • Brianna is giving a speech on job specialization for her business class. She will most likely tell the class that one of the rea
    15·1 answer
  • A corporate CEO wished to relay good news about the prospect of a new technology being created, but was reluctant to do so. Inst
    15·1 answer
  • Amy got into trouble last week. She was hanging out with some of her friends, and when they suggested that shoplifting would be
    12·1 answer
  • Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The co
    13·1 answer
  • When you purchase an item,
    7·1 answer
  • What will happen to the equilibrium price and quantity of Romaine Lettuce if a new fertilizer increases yields and makes the let
    14·1 answer
  • For questions 1-10, fill in the blank with the letter of the term that best matches the description.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!