What is the general idea of stepwise regression?
The general idea of stepwise regression is the balancing act of trying to (a) explain the most possible variation in the dependent variable y, while (b) using the fewest possible number of the independent variables x.
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Last year Central Chemicals had sales of $205,000, assets of $127,500, a profit margin of 5.3%, and an equity multiplier of 1.2. The CFO believes that the company could reduce its assets by $21,000 without affecting either sales or costs. Had it reduced its assets in this amount, and had the debt-to-assets ratio, sales, and costs remained constant, by how much would the ROE have changed?
A. 1.81% B. 2.02% C. 2.22% D. 2.44% E. 2.68%
After all of the account balances have been extended to the Income Statement columns of the work sheet, the totals of the debit and credit columns are $77,500 and $85,300, respectively. What is the amount of the net income or net loss for the period?
A) $7,800 net income B) $7,800 net loss C) $85,300 net income D) $77,500 net loss
Health+ is conducting an online focus group to learn more about the nutritional habits of senior citizens and the underlying causes of these behaviors. They are having problems because many of the members of their target market do not own computers. Which of the following disadvantages of online focus groups does this scenario illustrate?
A. qualification B. identity verification C. family issues D. environmental control E. limited access
Smith Corporation has earned a return on capital invested of 10% for the past two years, but an
investment analyst reviewing the company has stated the company is not creating shareholder value. This may be due to the fact that A) investors' required rate of return is 8%. B) investors' required rate of return is 12%. C) the corporation's inventory turnover is high. D) the risk-free rate of interest is 3%.