Bual2650 Gupta Final Exam with Questions and Correct Answers 2025.

Bual2650 Gupta Final Exam with
Questions and Correct Answers 2025




predictive ,analytics ,- ,CORRECT ,ANSWER-what ,will ,happen

descriptive ,analytics ,- ,CORRECT ,ANSWER-What ,has ,happened?

correlation ,coefficient ,- ,CORRECT ,ANSWER-measure ,of ,linear ,relationship ,between
,2 ,variables, ,x ,and ,y, ,which ,doesn't ,depend ,on ,units ,of ,measurement


R ,squared ,- ,CORRECT ,ANSWER-the ,proportion ,of ,the ,total ,variation ,in ,a ,dependent
,variable ,explained ,by ,an ,independent ,variable


lurking ,variable ,- ,CORRECT ,ANSWER-unknown ,variable ,that ,hasnt ,been ,accounted
,for


equations ,- ,CORRECT ,ANSWER-actual-predicted

Multicollinearity ,- ,CORRECT ,ANSWER-independent ,variables ,are ,highly ,correlated

p-value ,> ,alpha ,- ,CORRECT ,ANSWER-fail ,to ,reject

p-value ,< ,alpha ,- ,CORRECT ,ANSWER-reject ,Ho

null ,hypothesis ,(HO) ,- ,CORRECT ,ANSWER-existing ,theory ,or ,belief, ,always
,assumed ,to ,be ,true


probability ,of ,confidence ,coefficent ,- ,CORRECT ,ANSWER-(not ,rejecting ,HO ,| ,HO ,is
,true)


critical ,value ,- ,CORRECT ,ANSWER-helps ,determine ,where ,the ,value ,falls

Type ,I ,error ,- ,CORRECT ,ANSWER-rejecting ,a ,true ,null ,hypothesis