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 the included variables) that a candidate variable can explain.
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If the most optimistic and pessimistic times for a task are 6 and 21 days, respectively, then the variance for the duration of the activity is ______.
A. 5.25 B. 6.25 C. 7.25 D. 8.25
Which of the following statements about incremental analysis is false?
a. It is based on both historical and future information relevant to the decision at hand. b. It focuses on the differences between alternatives. c. It reduces the time taken to select the best course of action. d. It makes the evaluation process easier for the decision maker.
Who among the following is the most appropriate person to start his or her own venture?
A. Gita, who has been an event manager for five years but discontinues her job as she wants to spend enough time with her one-year-old child B. Linda, who has been working as an assistant manager for over a year but cannot make decisions on her own C. Mira, who is intolerant of uncertainty and becomes emotionally depressed at the sign of any form of financial distress in her family D. Laura, who is against approaching others for funds and only has enough savings to keep her business afloat for one year
A(n) ________ is a single step in providing a service
Fill in the blanks with correct word