As with the T-Statistic in Linear Regression, the Z-Statistic Is

question 15

Multiple Choice

As with the t-statistic in linear regression, the z-statistic is used in logistic regression, but what does the value tell the researcher?

• A) Whether the b coefficient for variable X (i.e. gradient) is significantly different from 0 or not
• B) Whether the b coefficient for variable X (i.e. gradient) is significantly different from 1 or not
• C) Whether the b coefficient for variable Y (i.e. gradient) is significantly different from 0 or not
• D) Whether the b coefficient for variable Y (i.e. gradient) is significantly different from 1 or not

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Definitions:

Operating Expenses

Costs related to the day-to-day operations of a business, excluding the cost of goods sold.

Net Income

Profit calculated after deducting all operating expenses, interest, taxes, and any other charges from total revenues.

Service Firm

An enterprise offering non-physical products or services to its customers, as opposed to tangible items.

Merchandising Company

A business that purchases goods in finished form for resale to consumers, generating revenue through sales activities.