When Conducting a Loglinear Analysis, If Our Model Is a Good

question 8

Multiple Choice

When conducting a loglinear analysis, if our model is a good fit of the data then the goodness-of-fit statistic for the final model should be:

• A)Non-significant (p should be bigger than .05)
• B)Significant (p should be smaller than .05)
• C)Greater than 5
• D)Less than 5 but greater than 1

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Definitions:

Automatic Insertion Machine

Machinery used in manufacturing processes to automatically place components onto printed circuit boards or into other assembly units.

Average Rate of Return

A financial ratio used to evaluate the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost, typically expressed as a percentage.

Straight-Line Depreciation

A strategy for apportioning the cost of a concrete asset into equal yearly sums throughout its serviceable life.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.