The Portion of Dependent Variable Variance Left Over After the Predictor

question 66

Multiple Choice

The portion of dependent variable variance left over after the predictor variables are included in a model intended to represent Y is ____.

• A)white noise
• B)residual
• C)correlation
• D)covariance

---

Definitions:

Inventory

The total amount of goods or materials held by a company for the purpose of resale or production.

Produces

To create, manufacture, or bring forth goods or services.

Managerial Accounting Information

Accounting information aimed at helping managers within the organization make decisions.

External Users

Individuals or entities outside a company who rely on financial information to make decisions, such as investors, creditors, and regulatory bodies.