You Are Proofreading a New Business Statistics Book for a Close

question 14

Multiple Choice

You are proofreading a new business statistics book for a close friend. He lists the following as functions of logistic regression, but you suspect one is not accurate. Which?

• A) Predict a dependent variable on the basis of several independent variables
• B) Determine the variance in the dependent variable explained by the independent variables
• C) Rank the relative importance of independent variables
• D) Assess the impact of covariate control variables

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Definitions:

Interaction Effects

Occur when the effect of one independent variable on a dependent variable changes depending on the level of another independent variable.

Main Effects

The direct, independent impacts of individual independent variables on a dependent variable in the context of factorial designs.

Total Mean

The overall average of a set of numbers or measurements, calculated by summing all the values and dividing by the number of observations.

Total Mean

The overall average of a set of numerical values computed by summing them up and dividing by the count of numbers.