Which of the Following Statements Is True

question 17

Multiple Choice

Which of the following statements is true?

• A)Taking logarithmic of a count variable is a suitable way to model it.
• B)All standard count data distributions exhibit heteroskedasticity.
• C)The nonlinear least squares estimation aims at maximizing R².
• D)Count variables cannot take on the value zero.

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Definitions:

Apparent Authority

The perception by a third party that an agent has the authority to act on behalf of a principal, even if such authority has not been explicitly or implicitly granted.

Principal Liable

Refers to the legal responsibility of the principal party in a relationship (such as an employer) for certain actions of their agents or employees under the doctrine of vicarious liability.

Apparent Authority

The impression given to third parties that an agent is authorized to act on behalf of a principal, even if such authority has not been formally granted.

Proper Notification

The act of informing someone through legally accepted or specified means.