The Next Questions Refer to the Following Output That Comes

question 4

Multiple Choice

The next questions refer to the following output that comes from a fictional study predicting accident and emergency attendance over the last 5 years from a scale measuring propensity to take risks, age measured in years) and handedness where right‐handed is the reference category) .

-Does the model including predictors improve fit over the baseline model?

• A)Yes, because the chi‐square test on the Omnibus Tests of Model Coefficients is significant
• B)Yes, because the ‐2 log‐likelihood of the model is positive
• C)Yes because the overall proportion of correct classifications is bigger than .5
• D)No

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Definitions:

Fixed Layout

A type of production facility setup where equipment, machinery, and workstations are positioned in fixed locations due to the large size or immobility of those items.

Offshoring

The relocation of a company's business process or manufacturing to another country to reduce costs or explore new market opportunities.

Contract Manufacturer

A company hired to produce goods on behalf of another organization, providing specialized manufacturing services.

Bullwhip Effect

A phenomenon where inaccurate or distorted demand information in the supply chain causes drastic swings in inventory levels upstream.