How do we use qualitative variables in predicting the value variable Y?
Question:
How do we use qualitative variables in predicting the value variable Y?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
When dealing with qualitative variables in predicting the value variable Y you typically use a statistical technique called regression analysis specif...View the full answer
Answered By
Rukhsar Ansari
I am professional Chartered accountant and hold Master degree in commerce. Number crunching is my favorite thing. I have teaching experience of various subjects both online and offline. I am online tutor on various online platform.
5.00+
4+ Reviews
17+ Question Solved
Related Book For
Quantitative Analysis For Management
ISBN: 213168
12th Edition
Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna
Question Posted:
Students also viewed these Business questions
-
A Chinese automobile company Geely Auto aspires to enter the US market by setting up their manufacturing unit there and producing cars locally to give competition to their US and European...
-
PLEASE GIVE CORRECT ANSWERS Prove that the number of comparators in any sorting network is (n log n). [4 marks] (ii) What does Part (d)(i) imply in terms of the depth of any sorting network? [1 mark]...
-
ttth Suppose that the sequence of bags {Bn | n N} is recursively enumerated by the computable function e(n, x) = fn(x), [7 marks] Hence prove that the set of all recursive bags cannot be recursively...
-
In Exercises use the Limit Comparison Test to determine the convergence or divergence of the series. 0 1 2 n=11n+1
-
One of Shakespeare's sonnets has a verb in 11 of its 14 lines, an adjective in 9 lines, and both in 7 lines. How many lines have a verb but no adjective? An adjective but no verb? Neither an...
-
Modify Fig.7.13 to deal a five-card poker hand. Then modify class DeckOfCards of Fig.7.12 to include methods that determine whether a hand contains a) A pair b) Two pairs c) Three of a kind (e.g.,...
-
Why are most engineers likely to have experience with deterministic risk and not probabilistic risk?
-
Given the following load summary chart, design a layout on a 2 x 3 grid that will minimize nonadjacentloads. Load Summary Chart 50 25 - 20 100 30 10 75 40 60
-
E3-7 Payroll taxes Davis, Inc. paid wages to its employees during the year as follows: Anderson.... $ 15,400 Bates.... 16,700 Chavez..... 13,000 Devon...... 23,300 Estevez..... 33,200 Franco......
-
What assumptions are necessary about the errors to determine the usefulness of a regression model?
-
What are the purposes of regression analysis? How does it help businesses?
-
Empagran is a foreign corporation, domiciled overseas, that purchased vitamins abroad from F. Hoffman-Laroche and other vitamin producers that distribute and sell vitamins around the world. Empagran...
-
A VCN is defined with the CIDR 192.168.0.0/30. How many IP addresses from this CIDR block are available for host addresses? A. 1 B. 30 C. 192 D. 168
-
How do we see colors?
-
What is the difference between a topic sentence and support sentences?
-
How standardized are the statements of non-profit organizations, as compared to business organizations?
-
What research methods do psychologists use?
-
Wilson Company sells 130 units daily. Each time Wilson orders more units, the supplier takes four days to deliver the inventory. What is Wilsons reorder point (in number of units)?
-
Determine which of the following limits exist. Compute the limits that exist. lim x-0 1- + 3x X
-
OzDe Distributing, located on Kuhl Road in Erie, Pennsylvania, manages the inventory at all of the retail stores it delivers to. One of the decisions that is made at each of the 21 stores is how much...
-
The following table gives the average monthly exchange rate between the U.S. dollar and the euro for 2018. It shows that 1 euro was equivalent to 1.22 U.S. dollars in January 2018. Develop a trend...
-
Average fuel economy in miles per gallon (MPG) for cars and light trucks has been steadily increasing since about 2004.5 Use the data below to predict average MPG for cars and light trucks in the...
-
Kate Smith owns an equity portfolio worth 80,000. She recently received a bonus of 20,000 in shares in the company which employs her. Kate's financial adviser has provided her with the following...
-
Give a personal/professional introduction of yourself, include your home state and city. Also, include the following data: City and/or state population with demographic breakdown by: gender, age,...
-
C owns a perpetuity (valued at $8,235) that pays out annual cash flows. If the rate used to value this cash flow stream (J4 = 6.359%) is expected to remain the same, what is the value of the...
Study smarter with the SolutionInn App