Cox and Snell R Square and Nagelkerke R2 Are Measures

question 20

Multiple Choice

Cox and Snell R square and Nagelkerke R2 are measures of model fit used in ________.

• A) the binary logit model
• B) OLS regression
• C) logistic regression
• D) Both A and C are correct.

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Definitions:

Oil Well

A drilling operation focused on extracting petroleum or natural gas from underground reservoirs, usually involving significant exploration and investment.

Goodwill

The excess of the purchase price over the fair value of identifiable assets and liabilities acquired in a business combination.

Excess Cost

This refers to the additional amount paid over the book value of an asset in a purchase consideration.

Goodwill

An intangible asset that arises when a company is purchased for more than the fair market value of its net assets, representing reputation, brand, or intellectual property.