A Decision Maker Is Considering Including Two Additional Variables into a Regression

question 131

Multiple Choice

A decision maker is considering including two additional variables into a regression model that has as the dependent variable, Total Sales. The first additional variable is the region of the country (North, South, East, or West) in which the company is located. The second variable is the type of business (Manufacturing, Financial, Information Services, or Other) . Given this, how many additional variables will be incorporated into the model?

• A) 2
• B) 6
• C) 8
• D) 9

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Definitions:

Values

Fundamental beliefs or ideals shared by the members of a culture about what is good or desirable and what is not, which governs their behavior.

Organisational Barriers

Obstacles within a company that hinder communication, process efficiency, and overall performance, often arising from structural, cultural, or policy issues.

Whistleblowing

Whistleblowing involves exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.

Strong Work Group

A strong work group is characterized by its cohesive teamwork, high levels of collaboration, and strong performance.