Group Mean Centring Is a Useful Way to Prevent Multicollinearity

question 16

Multiple Choice

Group mean centring is a useful way to prevent multicollinearity, but how is it usually calculated?

• A) An individual score (player confidence) is subtracted from a group mean (mean player confidence in that group).
• B) An individual score (player confidence) is multiplied by the group mean (mean player confidence in that group).
• C) An individual score (player confidence) is added to a group mean (mean player confidence in that group).
• D) An individual score (player confidence) is divided by a group mean (mean player confidence in that group).

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Definitions:

Cash Register

An electronic or mechanical device for registering and calculating transactions at a point of sale, often equipped with a cash drawer.

Cashier's Accuracy

The measure of a cashier's performance in handling transactions correctly, minimizing discrepancies between the recorded amount and the actual amount of cash received.

Internal Control

Initiatives and practices instituted by an enterprise to confirm the trustworthiness of its financial and accounting statements, uphold responsibility, and eliminate fraud.

Cash Remittances

Cash remittances are funds sent by individuals, typically working abroad, back to their home countries, providing financial support to their families.