Author Question: A feasible solution is a(n) ___________ if there are no other feasible solutions with a better ... (Read 80 times)

ssal · **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.

upturnedfurball · **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.