In a Multiple Regression All of the Following Are True

question 31

Multiple Choice

In a multiple regression all of the following are true regarding residuals except:

• A)their sum always equals zero.
• B)they are the differences between observed and predicted values of the response variable.
• C)they may be used to detect multicollinearity.
• D)they may be used to detect heteroscedasticity.

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Definitions:

Scientific Management

A management theory that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Detrimental

Refers to something that causes damage, harm, or a negative effect.

Managerial Control

The authority and processes through which managers direct and organize resources, activities, and people to achieve organizational goals.

Job Classifications

A system of categorizing and organizing jobs based on duties, responsibilities, and often, compensation levels.