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irinina [24]
2 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]2 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]2 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.

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RST Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory on
-BARSIC- [3]

Answer:

$ 13.17

Explanation:

Data provided :

Material cost in the beginning = $ 126,000

Additional material cost = $ 32,000

thus,

the total material cost = $ 126,000 + $ 32,000 = $ 158,000

Units in the work in progress = 12,000 units

Therefore, the material cost per unit for July = (Total material cost) / (Units being produced)

on substituting the values in the above relation, we get

he material cost per unit for July = ( $ 158,000 ) / ( 12,000 units )

= $ 13.1667 ≈ $ 13.17

6 0
3 years ago
Imagine that instead of hiring each assitant right away in the hiring assistant problem. we wait until the end to hire the best
vlada-n [284]

Imagine that instead of hiring each assistant proper away withinside the hiring assistant problem. we wait till the cease to lease the quality one. what is the quality-, worse- and average-care costs on this case.

There are some assumptions that we are able to make.

Worst case: Every assistant you interview subsequent is higher than the ultimate candidate. So, you need to pass until the cease. The aspect is you interviewed until the cease N, and also you needed to make a contrast with the N-1 interviewee.

So, your complexity can be N*(N-1) = O(N^2)

Best case: The first actual candidate you interviewed became out to be the quality candidate. Here you simply examine with every other candidate if they're higher than the first candidate or not.

So, your complexity, on this case, can be O(N)

Average case: In this case, we're creating a contrast with different candidates. In this case, as well, your complexity could be O(N^2).

For higher clarity, what you may do is navigate grade by grade the subsequent pseudocode:

best_candidate_index = 0

for candidate in range(number_of_interviewee)

do interview candidate

if candidate is higher than best_candidate_index

best_candidate_index = candidate

lease best_candidate_index

Learn more about costs here:
brainly.com/question/28147009

#SPJ4

7 0
9 months ago
1. Companies like Uber, Lyft (one of Uber’s main competitors), and Airbnb (an online marketplace that enables people to lease or
mart [117]

Answer:

Globalization has led to the influx of multinationals in many developing and under developed countries. With the advancement of technology this process has increased and influenced many industries.

Uber is providing convenience to its users to fill the gap between the service provider and service user through a platform

This platform has led to bridge the gap between the user and seller of service.

This convenience can be used not only in the transportation of consumer but can also be used in carrier pick ups. Delivery of foods and mails etc.

It can also be used across industries like in medical industry to provide emergency ambulances. Bridging the gap between medical assistance by providing medical services through apps connecting doctors and patients.

It is being used in freelancing industry as well. To provide a platform for provider of service and consumer.

However in entering into different industries the legal aspects are to be considered to avoid any backlash.

5 0
3 years ago
True or false: If Dogs R Us overstates ending inventory on the balance sheet, then total equity on the balance sheet will be ove
ANEK [815]

Answer:

True

Explanation:

The statement is true

6 0
2 years ago
Select the correct answers. Customers compare brands and plan for the purchase of which products? A. convenience products B. non
Lelechka [254]

Answer:A:covnveniece products

3 0
3 years ago
Read 2 more answers
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