A Choice Made _____ Is a Choice Whether to Do

question 200

Multiple Choice

A choice made _____ is a choice whether to do a little more or a little less of something.

• A)at the fringe
• B)in the beginning
• C)at the margin
• D)after the fact

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Definitions:

Absolute Value

A mathematical function that removes any negative sign in front of a number, effectively measuring the distance of the number from zero.

Correlation

A statistical measure that describes the extent to which two variables change together, but not necessarily indicating causation.

Prediction Error

The difference between observed values and the values predicted by a model.

Intercept

In mathematics and statistics, the point at which a line or curve intersects a given axis on a graph.