When one of multiple independent variables x does not meet, Ask an Expert

Management Studies

When one of multiple independent variables (X) does not meet the requirements for statistical significance (confidence) between X and Y, what is likely the best change before we use the intercept and slope values for the remaining independent variables (X) to create a forecast model? A. Exclude the independent variable(s) that does not meet the confidence requirement; use current coefficients for the dependent and independent variables which DO meet the confidence requirement B. Exclude the independent variable(s) that does not meet the confidence requirement; re-accomplish the regression analysis without the independent variable(s) that does not meet the confidence requirement C. Nothing; The current intercept and and slope(s) are acceptable.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92233515

Have any Question?Write your Review or question?

Related Questions in Operation Management

In 750-1000 words describe the history of public service by

In 750-1,000 words, describe the history of public service by doing the following: Identify significant events and people who shaped the field of public administration. Explain how those events and people affected the ev ...

Jericho vehicles is considering making a bid for a mobile

Jericho vehicles is considering making a bid for a mobile rocket launching system for the U.S. military. However, the company has almost no experience in producing this type of vehicle. In an effort to develope a learnin ...

Target market for tesla s or x models identify a usable

Target market for Tesla S or X models: identify a usable market segment to be a target market. Select one of the market segments you described in (1) above as the one you believe is or can be the most profitable for your ...

1 recognizing that change is difficult for most people

1. Recognizing that change is difficult for most people, explain the difficulties a new quality assurance would cause in a healthcare organization. Identify and interpret change theories and techniques leaders can use to ...

Human interactions corporation produces two products using

Human Interactions Corporation produces two products using two assembly lines. Line A has 140 hours available this month while Line B has 80 hours available. On Line A, Product 1 requires 10 hours of production time and ...

Show your work with excel and solverthe senior executives

Show your work with Excel and Solver: The senior executives of an oil company are trying to decide whether or not to drill for oil in a particular field in the Gulf of Mexico. It costs the company $1,000,000 to drill in ...

Research the various change models used by organizations

Research the various change models used by organizations today. After assessing these models, create a change model conducive to your field, and that will work within your organization's culture. This model should serve ...

Case problem31 quality control at rainwater brewerybob

Case Problem3.1 Quality Control at Rainwater Brewery Bob Raines and Megan Waters own and operate the Rainwater Brewery, a microbrewery that grew out of their shared hobby of making home-brew. The brewery is located in Wh ...

The bureau of labor statistics is planning the next yearly

The Bureau of Labor Statistics is planning the next yearly survey to determine the average cost of a summer vacation for a US family. The following standards have been set: a confidence level of 95% and an error of less ...

1 customer value is defined as the customers evaluation of

1. Customer value is defined as the customer's evaluation of the perceived difference between all the benefits and all the costs of a marketing offer relative to those of competing offers. T/F 2. An aspect of managing se ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert