Why Might We Not Be Able to Build a Regression

question 104

Multiple Choice

Why might we not be able to build a regression model to predict a dependent variable?

• A) We might not know the independent variables.
• B) There might not be any data available for the independent variables.
• C) The regression model might not fit the data well.
• D) All of these are true.

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Definitions:

Zero-Sum Game

In game theory, a game in which the gains (+) and losses (−) add up to zero; one party’s gain equals the other party’s loss. A strategic interaction (game) between two or more parties (players) in which the winners’ gains exactly offset the losers’ losses so that the gains and losses sum to zero.

Gains

Increases in financial resources or advantages, often resulting from investments or economic activities.

Repeated Games

A strategic scenario in which the same game or situation is played multiple times, allowing for strategy evolution based on past outcomes.

Simultaneous

Occurring, operating, or done at the same time.