MGT 6203 Certification Questions and CORRECT Answers
ordinary least squares minimize - sum of squared error indicator variable aka - dummy variables interaction term - An independent variable in a regression model that is the product of two explanatory variables. interaction term is used to model - how the synergies between multiple variables impact the response variable R2 will always never decrease as - you add more parameters the mean of a variable that has a right-skewed distribution is smaller than the median (T/F) - FALSE
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