Author Question: Bayes' is useful in determining the value of perfect information (EVPI). a. True b. False ... (Read 33 times)

jparksx · **on:** Jun 24, 2018

Bayes' is useful in determining the value of perfect information (EVPI).
a. True
b. False
Indicate whether the statement is true or false

Question 2

When the error variance is nonconstant, it is common to see the variation increases as the explanatory variable increases (you will see a fan shape in the scatterplot). There are two ways you can deal with this phenomenon. These are:
a. the weighted least squares and a logarithmic transformation
b. the partial F and a logarithmic transformation
c. the weighted least squares and the partial F
d. stepwise regression and the partial F