Question: 1.One-way ANOVA can be applied to: a)Regression model with several dummy variables (created for a qualitative independent variable) to test the overall usefulness of the

1.One-way ANOVA can be applied to:

a)Regression model with several dummy variables (created for a qualitative independent variable) to test the overall usefulness of the model

b)Regression model with several quantitative independent variables to test the overall usefulness of the model

c)Both of the above

D) none of the above

2.

You need to decide whether you should invest in a particular stock.You would like to invest if the price is likely to rise in the long run.Assuming the past pattern will continue in the future, and you have data on the daily average price of this stock over the past 12 months.Your best action is to:

A.Compute the MAD statistic

B.Estimate a least square trend model

C.Compute moving averages

D.Perform exponential smoothing

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!