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Author Question: Interpret the estimate b1. What will be an ideal response?[br][br][b][color=gray]Question ... (Read 137 times)

jessicacav

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on: Jun 24, 2018
Interpret the estimate b1.
 
  What will be an ideal response?

Question 2

Which of the following statements illustrates a Type II error?
 
  A) Saying that the student is a music industry management major when in fact the student is a finance major.
  B) Saying that the student is a finance major when in fact the student is a finance major.
  C) Saying that the student is a finance major when in fact the student is a music industry management major.
  D) Saying that the student is a music industry management major when in fact the student is a music industry management major.


Ahernandez18

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

For every one percent increase in the number of airline passengers, we would expect a 1.23 percent increase in the occupancy rate, assuming that all the other variables are fixed.

Answer to Question 2

C


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jessicacav

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Reply #2 on: Jun 24, 2018
Thank you :)


Ahernandez18

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Reply #3 on: Jun 24, 2018
Happy to help you


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