Stepwise regression carried out by deleting variables currently in the model and adding extra variables if none meet the criteria for removal is called ________

A) forward selection
B) parsimony
C) general stepwise
D) backward elimination


C

Business

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Describe some of the pragmatic ways of dealing with language differences.

What will be an ideal response?

Business

Louis agreed to provide all the apples that Cindy's Cider Mill will need at $3 per bushel unless weather conditions require additional labor to be hired. The rate would then be $3.50 per bushel. A freeze warning required Louis to hire 10 additional overtime workers, raising the cost per bushel to $4.75 . Louis wants to get out of his contract. Can he?

a. No, the parties expected the hardship and provided for it in their contract. b. No, there is no hardship. c. Yes, the contract is commercially impracticable. d. Yes, the freeze is a supervening event.

Business

Which of the three financial statements an entrepreneur prepares is used to guide the day-to-day operations of the business?

A. the cash flow statement B. the income statement C. the balance sheet D. tax returns

Business

Continuous improvement is the implementation of a large number of small, incremental improvements in all areas of the organization on an ongoing basis.

Answer the following statement true (T) or false (F)

Business