This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discuss the steps in interpreting a simple regression output.[br][br][b][color=#9E3EA8]Question ... (Read 96 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Discuss the steps in interpreting a simple regression output.

Question 2

In sales promotion, a type of trade promotion in which the retailer is allowed to buy a certain amount of product from the manufacturer and then pay for that product over a prolonged period of time is considered which of the following?
 a. timing c. dating
  b. cutting d. layaway


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momtoalll

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

Interpreting simple regression output is a simple two-step process:
(1) Interpret the overall significance of the model. The output will include the model F and a significance value. When the model F is significant (low p-value), the independent variable explains a significant portion of the variation in the dependent variable. The coefficient of determination, or R2, can be interpreted. This is the percentage of total variation in the dependent variable accounted for by the independent variable.
(2) The individual parameter coefficient is interpreted. The t-value associated with the slope coefficient can be interpreted.

Answer to Question 2

C
Definition of dating


Destiiny22

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Remove cold source, and check the knee for changes. Notice skin color and changes in swelling around ... Remove cold source, and check the knee for changes. Notice skin color and changes in swelling around ...
How to solve word problems with two unknowns (Question 4) How to solve word problems with two unknowns (Question 4)
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Sound intensity log question Sound intensity log question
Surpluses and shortages question Surpluses and shortages question
economic question economic question
Video: Hyperglycemia Animation

For a complete list of videos, visit our video library