Author Question: When the lines for two alternatives cross on a strategy region chart, this shows: a. a change in ... (Read 53 times)

09madisonrousseau09 · **on:** Jun 24, 2018

When the lines for two alternatives cross on a strategy region chart, this shows:
a. a change in which decision alternative is optimal
b. the point at which a decision was made
c. the point where the rate of change in expected value is zero
d. resolution of the uncertainty about the input variable
e. none of these choices

Question 2

Suppose you forecast the values of all of the independent variables and insert them into a multiple regression equation and obtain a point prediction for the dependent variable. You could then use the standard error of the estimate to obtain an approximate:
a. confidence interval
b. prediction interval
c. hypothesis test
d. independence test