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Anthony Johnson works in the human resources department of a small wholesale company. His boss has delegated to Johnson the job of finding a replacement for the company's shipping dock supervisor who has recently retired. Johnson will have total responsibility for filling this position. Johnson will have which of the following?
Interaction Term
In statistics, an interaction term is used in models to determine if the effect of two or more variables on a response variable is not additive, indicating that the variables interact in how they influence the response.
Coefficient
A numerical or constant quantity placed before and multiplying the variable in an algebraic expression.
Regression Equation
A formula that expresses the linear relationship between independent and dependent variables.
Least-Squares Regression
A statistical method used to determine a line of best fit by minimizing the sum of squares of the distances of observed values from the predicted values.
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