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Lance is studying the relationship between sales training of the sales force and customer satisfaction and loyalty.When researchers like Lance are focused on explanation rather than prediction,then which of the following is most appropriate when using simple regression?
Well-diversified Portfolio
An investment portfolio strategically crafted to include a variety of asset classes in order to minimize risk.
Regression Coefficient
A quantitative measure in statistics that represents the strength and direction of the relationship between a dependent variable and an independent variable in a regression analysis.
Single Factor Model
A model that explains the returns of an asset or portfolio using a single risk factor.
SMB Beta
A measure used in finance to assess the sensitivity of a stock's return relative to the size factor in an asset pricing model.
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