Give two ways correlation can be used when choosing variables to include in the model.
Question:
Give two ways correlation can be used when choosing variables to include in the model.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Correlation between predictor variables indicates very strong information overlap ...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Introduction To Management Science and Business Analytics A Modeling And Case Studies Approach With Spreadsheets
ISBN: 9781260716290
7th Edition
Authors: Frederick S. Hillier, Mark S. Hillier
Question Posted:
Students also viewed these Business questions
-
A non-parametric (rank-order) statistical test can be used when a distribution of data is not normal. What is a disadvantage of using a non-parametric test? They are more easily understood and...
-
Describe how a limit order can be used when securities are bought or sold. How can a stop-loss order be used to reduce losses? To protect profit?
-
What types of rivets can be used when there is access to only one side of a joint?
-
a) Analysts attempt to value ordinary shares, in order to determine if market values are correct. Identify and describe the more common methods of valuation. Include a detailed explanation of the...
-
Olga Conrad, a financial writer, noted recently, "There are substantial arguments for including earnings projections in annual reports and the like. The most compelling is that it would give anyone...
-
What type of image does the organization wish to project?
-
3. If a new partnership agreement is not established, how will profits and losses be divided? PartnershipsFormation, Operations, and Changes in Ownership Interests 559
-
Zucca Associates, a law firm, hires Attorney Odessa Smythe at an annual salary of $ 192,000. The law firm expects her to spend 2,400 hours per year performing legal work for clients. Indirect costs...
-
Association for the Study of International Business The Association for the Study of International Business (ASIB) is an organization of researchers, professors, and business executives interested in...
-
Over The Edge (OTE) is a good candidate for applying the capitalized cash flow approach of business valuation. In your valuation spreadsheets, be sure to make notes explaining each of your...
-
What is the distinction between the optimal solution for a decision model and the best possible solution for the real problem?
-
How is sorting and filtering useful in exploring the data?
-
In the following case, find a basis of V. (a) V = {[|xn) | xn+4 = -xn+2 -2xn+3 for n > 0}
-
City Feb. Cases March Cases April Cases New York 19 56 189 Los Angeles 6 12 201 Chicago 0 3 14 Houston 19 19 272 Philadelphia 0 1 5 Phoenix 23 78 289 San Antonio 6 9 95 San Diego 3 38 258 Dallas 4 13...
-
Maximize z = 2x+2y x+6y <30 4x + 2y 32 Subject to I 0 W O 0 Maximum is I = y= at
-
2. Determine the unknown force. a) Fret 3 N Right b) Fret 10. N Down F-22 N F?5N c) Feet 12 N Up F-28 N d) Fret 10. N Right F? F-12N e) Fret = 0 F-16N E-? F-12N F-15 N F-? F-30 N F-25 N F-32 N F=24N...
-
If y = ( x ^ 3 + 7 ) ^ x , compute y ' ( 1 ) .
-
To calculate activity expected duration time, the following parameter is essential? Question 7 options: Distribution time of the unit. Time associated with the failure of the unit. Optimistic or...
-
During a major expansion in 2004, Douwallas Import Company developed a new processing line for which the delivered equipment cost was $1.75 million. This year, the board of directors decided to...
-
10m solution. If Ka(HA) = 10 then pOH of solution will be [Given : log4=0.6] (A) 6.7 (B) Greater than 6.7 & less than 7.0 (C) Greater 7.0 & less than 7.3 (D) Greater than 7.3
-
An entrepreneur who started a chain of auto service centers to do fast oil changes wants to quickly expand by building new facilities in new markets but doesnt have enough capital. His financial...
-
Explain, in your own words, why investors in a firms stock might be interested in a firms marketing manager developing a new growth-oriented strategy. Would it be just as good, from the investors...
-
A woman with extensive experience in home health care and a good marketing plan has approached a bank for a loan, most of which she has explained she intends to invest in advertising designed to...
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
-
Brief Exercise 10-6 Flint Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building...
-
"faithful respresentation" is the overriding principle that should be followed in ones prepaparation of IFRS-based financial statement. what is it? explain it fully quoting IAS. how this this...
Study smarter with the SolutionInn App