When Adding Additional Predictors to a Regression Analysis,you Should Try

question 27

Multiple Choice

When adding additional predictors to a regression analysis,you should try to find predictors that are related to ______ but not ______.

• A)the independent variable;the dependent variables
• B)the dependent variable;the independent variables
• C)the predictors;the outcome
• D)all main effects;any interaction effect

---

Definitions:

CRM Software

Technology platforms designed to manage a company's interactions with current and potential customers, integrating and automating sales, marketing, and customer support.

Interval Scales

A type of numeric scale where the order of numbers is significant and the difference between values is standardized; however, there is no true zero point.

Forecasting

The process of predicting future trends, demands, or events based on historical data and analysis.

Planning

The process of setting goals, defining strategies, and outlining tasks and schedules to achieve these goals in an organization.