In Trying to Construct a Model to Estimate Grades on a Statistics

question 194

True/False

In trying to construct a model to estimate grades on a statistics test,a professor wanted to include,among other factors,whether the person had taken the course previously.To do this,the professor included a dummy variable in her regression model that was equal to 1 if the person had previously taken the course,and 0 otherwise.The interpretation of the coefficient associated with this dummy variable would be the mean amount the repeat students tended to be above or below non-repeaters,with all other factors the same.

Recognize the importance of aligning strategic objectives with performance metrics.

Understand the role of nonfinancial and financial metrics in performance measurement.

Recognize strategic performance measurement systems and their applications.

Identify appropriate performance metrics for different perspectives of the balanced scorecard.