Electronic Data Interchange May Be Used to Eliminate Cheques

question 74

True/False

Electronic Data Interchange may be used to eliminate cheques.

---

Definitions:

Predicted Score

An estimate of the value of a variable or outcome derived from a statistical model or the analysis of patterns in data.

Y′

A notation often used to represent the predicted values of a dependent variable in a regression model.

Y-intercept

The point where a line crosses the Y-axis in a graph.

Regression Equation

The equation that defines the points and the line that are closest to the observed scores.