Discriminant Analysis Predicts a Categorical Dependent Variable Based on a Linear

question 49

True/False

Discriminant analysis predicts a categorical dependent variable based on a linear combination of independent variables.

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Definitions:

FOB Shipping Point

A term used in shipping where the buyer is responsible for the goods once they leave the seller's premises.

Freight Charges

The fees incurred for transporting goods from one location to another.

Double-declining-balance

A method of accelerated depreciation where an asset’s book value is reduced at double the rate of its straight-line depreciation.

Salvage Value

The anticipated worth of an asset upon its sale following the conclusion of its useful life.