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Author Question: A feasible solution is a(n) ___________ if there are no other feasible solutions with a better ... (Read 108 times)

ssal

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on: Jun 24, 2018
A feasible solution is a(n) ___________ if there are no other feasible solutions with a better objective function value in the immediate neighborhood.
 a. efficient frontier
  b. local optimum
  c. global maximum
  d. diverging function

Question 2

The coefficient of determination
 a. takes values between 1 to +1 b. is equal to zero for a perfect fit.
  c. is equal to negative one for the poorest fit. d. is used to evaluate the goodness of fit.


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upturnedfurball

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

b
RATIONALE: A feasible solution is a local optimum if there are no other feasible solutions with a better objective function value in the immediate neighborhood.

Answer to Question 2

d
RATIONALE: The coefficient of determination is used to evaluate the goodness of fit for the estimated regression equation.


ssal

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

alexanderhamilton

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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