In Multiple Regression, to Discover Which Independent Variable Has the Greatest

question 48

Multiple Choice

In multiple regression, to discover which independent variable has the greatest influence:

• A) is to consult the coefficients to find the largest number.
• B) is to consult the standardised coefficients to determine to largest number.
• C) is to divide each corresponding coefficient by its standard error to determine the largest number.
• D) is to consult the variance inflation factors (VIF) to find the largest number.

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Definitions:

BCG Portfolio Analysis

A strategic management tool that classifies a company's business units or products based on market growth rate and market share relative to competitors.

High Rate of Growth

A situation where a business or economy expands at an above-normal rate, often leading to increased revenue or economic improvements.

Dominates Its Market

Refers to a company or a product that holds a predominant share or influence over others in the same industry or category.

SBU Level

Strategic Business Unit level; refers to a unit within a larger enterprise that focuses on specific market segments or product lines, operating with its strategic objectives and planning.