Author Question: The manager of Arthur's Auto Center, while looking at the customer database, has a preconceived idea ... (Read 84 times)

mckennatimberlake · **on:** Jun 29, 2018

The manager of Arthur's Auto Center, while looking at the customer database, has a preconceived idea of how the database works and is able to see the interesting and worthwhile applications of the data. Such an idea is called a(n)
a. hypothesis.
b. model.
c. manipulation.
d. procedure.
e. system.

Question 2

In multiple regression analysis, t tests are used to test for the statistical significance of betas. If a beta is insignificant,
it means that its respective independent variable plays no meaningful role in predicting the dependent variable and the
independent variable should be removed from the model.
a. True
b. False
Indicate whether the statement is true or false