Which of the Following Is a Model Used to Evaluate

question 44

Multiple Choice

Which of the following is a model used to evaluate a location?

• A)Pareto analysis
• B)center-of-gravity method
• C)clustering technique
• D)cause-and-effect diagram

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Definitions:

Simple Linear Regression

A method for modeling the relationship between a single independent variable and a dependent variable by fitting a linear equation to observed data.

Least Squares

A mathematical method used to determine a line of best fit by minimizing the sum of squares of the distances between observed and predicted values.

Positive Correlation

A statistical relationship between two variables where an increase in one variable is associated with an increase in the other variable.

Influential Observations

Data points that have a significant impact on the result of a statistical analysis, potentially skewing the outcome.