If a Decision Maker Has Several Potential Independent Variables to Select

question 64

True/False

If a decision maker has several potential independent variables to select from in building a regression model, the variable that, by itself, will always be the most effective in explaining the variation in the dependent variable will be the variable that has a correlation closest to positive 1.00.

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Definitions:

Isobutylene

A volatile, flammable, and colorless gas that is a simple alkene with the chemical formula C4H8, used in the production of various polymers.

Polyisobutylene

A synthetic rubber, or elastomer, made from the polymerization of isobutylene, used in a variety of applications including sealants and adhesives.

Cyclic Product

A chemical compound that forms a ring structure during a chemical reaction.

Ring Closing Metathesis

A form of metathesis reaction that forms cyclic compounds by the rearrangement of carbon-carbon double bonds.