There Is a Negative Relationship Between the Length of Time

question 53

True/False

There is a negative relationship between the length of time that a customer stays with a company and profit per customer.

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Definitions:

Logistic Regression

A statistical method for analyzing datasets in which there are one or more independent variables that determine an outcome. The outcome is measured with a dichotomous variable (in which there are only two possible outcomes).

Dependent Variable

In statistical modeling, this is the variable whose variation is being studied to see if it can be predicted or explained by variation in other variables.

Denominator Degrees

This key term does not appear to be standard; however, it may refer to the denominator in statistical formulas where degrees of freedom are considered.

Estimated Form

In statistics, it refers to the version of an equation that estimates the parameters of a model based on sample data.