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Exam (elaborations)

BUS 310 EXAM 2 QUESTIONS AND VERIFIED ANSWERS

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BUS 310 EXAM 2 QUESTIONS AND VERIFIED ANSWERS










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Uploaded on
August 8, 2025
Number of pages
14
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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multiple regression


Give this one a try later!


use adjusted R^2 (R^2a)
a= adjusted for number of independent variable




dummy variable

, Give this one a try later!


numeric code applied to a categoric variable to add categoric variables to
regression

ex
Male=1
Female=2




residual


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"error" in prediction
y^- predicted output/"filled value"

residual<0 point below line

residual>0 point above line


residual= y-y^

y= observed value
y^= predicted value




ex of Se


from consumer example on excel


Give this one a try later!

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