The classification of student major (accounting, economics, management, marketing, other) is an example of a(n)
a. nominal random variable. c. continuous random variable.
b. interval random variable. d. parameter.
Question 2
A term used to describe the case when the independent variables in a multiple regression model are correlated is _____.
a. regression
b. correlation
c. multicollinearity
d. None of the answers is correct.