When Alfred Weber Published His Book Theory of the Location

question 65

Multiple Choice

When Alfred Weber published his book Theory of the Location of Industries (1909) ,what did he select as the critical determinant of regional industrial location?

• A)availability of labor
• B)nearby markets
• C)costs of labor
• D)transportation costs

---

Definitions:

Sum of Squares

A statistical technique used to quantify the variation within a data set by summing the squared deviations of each data point from the mean.

Prediction Equation

An equation used to predict the value of a dependent variable based on the values of one or more independent variables.

Multiple Regression

A statistical method leveraging various predictors to estimate the result of a dependent variable.

Stepwise Regression

A method of fitting regression models in which the choice of predictive variables is carried out by an automatic procedure.