Simple Regression Differs from Multiple Regressions in That

question 93

Multiple Choice

Simple regression differs from multiple regressions in that:

• A)multiple regressions use all available data to estimate the cost function,whereas simple regression only uses simple data.
• B)simple regression is limited to the use of only the dependent variables and multiple regressions can use both dependent and independent variables.
• C)simple regression uses only one dependent variable and multiple regressions uses more than one dependent variable.
• D)simple regression uses only one independent variable and multiple regressions uses more than one independent variable.

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Definitions:

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A tower equipped with a powerful light used to guide or warn ships at sea.

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A Public Good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Rival Good

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Rival Good

A type of good that cannot be consumed by more than one person at the same time, because its consumption by one person reduces its availability for others.