Author Question: With _______________, there is no search for the best parameter values, but instead guesses are made ... (Read 57 times)

danielfitts88 · **on:** Jun 29, 2018

With _______________, there is no search for the best parameter values, but instead guesses are made about the value of each parameter repetitively to arrive at a solution.
a. Bayesian estimation c. latent model estimation
b. the Heckman model d. parsimonious modeling

Question 2

If the analysis predicts several continuous dependent variables with several categorical independent variables, the appropriate statistical technique is _____.
a. multiple regression
b. multiple discriminant analysis
c. conjoint analysis
d. MANOVA

asdfghjkl; · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

A
By definition, the Bayesian estimation process guesses the value of the parameters in an iterative process until a solution is found.

Answer to Question 2

D