In general, on what basis are independent variables selected for entry into the equation during stepwise regression?
Independent variables are selected for entry into the equation during stepwise regression based upon the amount of the remaining variation in y (the variation that has not already been explained by included variables) that a candidate variable can explain.
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An explicit specification of a set of variables and their interrelationships designed to represent some real system or process in whole or in part is called a(n) ________
A) analytical model B) theory C) hypothesis D) objective E) broad-based research
Second Street Company has 10 units in ending merchandise inventory on December 31. The units were purchased in November for $180 each. The price lists from suppliers indicate the current replacement cost of the item to be $174 each. Which of the following statements is TRUE of the effects of the adjustments to ending merchandise inventory and the cost of goods sold?
A) The cost of goods sold would increase by $6. B) The cost of goods sold would not be affected. C) The cost of goods sold would decrease by $60. D) The cost of goods sold would increase by $60.
A workforce forecast predicts future people requirements based on an analysis of the future availability of labor and future labor requirements. Each of these is tempered by an analysis of external conditions.
Answer the following statement true (T) or false (F)
How an organization positions its total compensation against its competitors is part of external competitiveness strategic choices.
Answer the following statement true (T) or false (F)