Which of the Following Equations Represents the Poisson Regression Model

question 20

Multiple Choice

Which of the following equations represents the Poisson regression model? (µ=true mean count of events)

• A) µ =a+b1x1+b2x2+ · · · +bKxK
• B) ln(µ)=a+b1x1+b2x2+ · · · +bKxK
• C) logit(µ)=a+b1x1+b2x2+ · · · +bKxK
• D) exp(µ)=a+b1x1+b2x2+ · · · +bKxK

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Definitions:

Prime Costs

The combined costs of direct labor and direct materials involved in the production of goods.

Factory Overhead

includes all the indirect costs associated with manufacturing, such as utilities, maintenance, and salaries of indirect labor.

Direct Labor

The labor costs directly associated with the manufacturing of a product, including wages of workers physically involved in production.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.