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We use independent variables to predict the value of multiple dependent variables when conducting a _____. Two-sample hypothesis test One-factor ANOVA Bivariate regression Multivariate regression
- We use independent variables to predict the value of multiple dependent variables when conducting a _____.
- Two-sample hypothesis test
- One-factor ANOVA
- Bivariate regression
- Multivariate regression
- All of the above
- None of the above
QUESTION 2
- We compare two sample variances to determine whether the difference between them is probably not due to random sampling error when we perform a ______.
- Multivariate regression
- One-factor ANOVA
- Two-Factor ANOVA
- Two-sample hypothesis test
- All of the above
- None of the above
QUESTION 3
- The sample correlation coefficient (r) ______.
- Is not unit dependent
- Is essentially a standardized version of covariance
- Ranges from -1.00 through 1.00
- Indicates both the strength and direction of the relationship between X and Y
- All of the above
- None of the above
QUESTION 4
- If ap-value of .03 indicates that the estimate is probably larger than the product specification, we know that a _____ was performed.
- One-factor ANOVA
- One-sample hypothesis test
- Two-factor ANOVA
- Two-sample hypothesis test
- All of the above
- None of the above
QUESTION 5
- We try to keep our multivariate regression models lean in an effort to ______.
- Keep variance inflation to a minimum
- Make calculations easier
- Increase R Square
- Increase SSR/SST
- All of the above
- None of the above
QUESTION 6
- One-factor ANOVA is used to compare ______.
- Multiple proportions
- Multiple variances
- Multiple means
- Multiple standard deviations
- All of the above
QUESTION 7
- In hypothesis testing, ANOVA, and regression, alpha is ______.
- The probability that we will commit type 1 error
- The probability that we will commit type 2 error
- The probability of committing type 1 error that we are willing to accept
- The probability that the estimate is probably not different
- All of the above
- None of the above
QUESTION 8
- In hypothesis testing, ANOVA, and regression, thep-value is _____.
- The probability that: the difference between the estimate and the benchmark or the difference between the estimates is not due to random sampling error; there is at least one estimate that is different from the others; there is at least one predictor coefficient that is not zero, and a specific predictor coefficient is not zero
- The probability that: the difference between the estimate and the benchmark or the difference between the estimates is due to random sampling error; there are differences between the estimates; there are no predictor coefficients that are not zero, and a specific predictor coefficient is not zero
- Is always smaller than alpha
- Is used in calculating R Square
- All of the above
- None of the above
QUESTION 9
- To determine whether one of two new sales approaches resulted in a higher completed-sale rate, we would use a ______.
- One-sample hypothesis test of means
- Two-sample hypothesis test of means
- Two-sample hypothesis test of proportions
- One-factor ANOVA
- All of the above
- None of the above
QUESTION 10
- To determine whether one of three new sales approaches resulted in higher average sales, we would use a ______.
- One-sample hypothesis test of means
- Two-sample hypothesis test of means
- Two-sample hypothesis test of proportions
- One-factor ANOVA
- All of the above
- None of the above
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