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Author Question: When news articles report on household income level they usually report the median income, rather ... (Read 69 times)

Bob-Dole

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on: Jun 24, 2018
When news articles report on household income level they usually report the median income, rather than the mean income. This would be because income is usually a right-skewed distribution.
 
  Indicate whether the statement is true or false

Question 2

Parsimony is where ________.
 
  A) the model is kept as simple as possible
  B) having as many variables as possible for accuracy
  C) multiple models answer questions
  D) none of the above


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makaylafy

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


Bob-Dole

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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