Which of the Following Statements Is a Good Prediction of Future

question 222

Multiple Choice

Which of the following statements is a good prediction of future occurrences in global markets?

• A)Fortunately,safety issues will become less of a concern as developing nations begin to participate in global trade at a faster pace.
• B)It is doubtful that service and technical type jobs such as accounting,legal representation,or financial management will become part of offshore outsourcing.
• C)China will continue to be the only viable global trader in Asia for several years to come.
• D)With the strong growth in technical talent globally,offshore outsourcing should continue to increase.

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Definitions:

Actual Value Of Y

The observed or measured outcome in a statistical analysis or experiment, representing a specific data point on the Y-axis.

Estimated Value Of Y

A predicted value of the dependent variable in a regression analysis based on specific values of the independent variables.

Dependent Variable

The variable in an experiment or study that is affected or influenced by changes in another variable, often measured or tested.

Independent Variables

Factors in an experiment that are purposely changed or manipulated to observe their effect on dependent variables.