If the Analysis Contains Several Independent Variables That Are Metric

question 76

Multiple Choice

If the analysis contains several independent variables that are metric and a dependent variable that is nonmetric, then the appropriate statistical technique is:

• A) multiple regression analysis.hen he dimension axe Caning?ne he question below?ation?and to__________________________________________________________________
• B) multiple discriminant analysis.
• C) conjoint analysis.
• D) n-way univariate ANOVA.

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Definitions:

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how much the values deviate from the mean on average.

Perfectly Positively Correlated

A statistical term describing two variables that move in the same direction with a correlation coefficient of +1, indicating a perfect positive linear relationship.

Cycle Inventory

Inventory that a company holds to meet its normal sales operations, varying over the course of an operating cycle or period.

Forecasted Demand

An estimate of the quantity of a product or service that consumers will purchase in the foreseeable future.