The R2, which is an output from a regression analysis, is different from correlation in that it tells us what percentage of the variation is accounted for by the variables we are using to predict or explain.

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


False

Business

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A channel arrangement in which two or more companies at one level join together to follow a new marketing opportunity is referred to as a(n) ________

A) corporate vertical marketing system B) contractual vertical marketing system C) direct marketing system D) horizontal marketing system E) administered vertical marketing system

Business

The marketing team at Joe's Auto World wants to use the information it collected from last year's online advertising campaigns, the most recent Census, and the company's internal CRM system to forecast the effectiveness of two proposed advertising

campaigns for the upcoming year. To accomplish this, the marketing team at Joe's Auto World will most likely use ________. A) marketing controls B) conversion rates C) sentiment analysis D) predictive analytics E) search engine optimization

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An advantage of predetermined time standards is that the standard can be set before a task is actually performed

Indicate whether the statement is true or false

Business

All of the following illustrate lessons learned regarding the 2008-2009 financial crisis except

A) housing conditions have a strong impact on the economy. B) economic conditions affect the demand for homes. C) sellers were able to attract potential buyers by slightly reducing sale prices. D) allowing unqualified mortgage applicants to qualify for mortgages hurt the housing market.

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