Which of the Following Is the Most Appropriate Example of Logistic

question 23

Multiple Choice

Which of the following is the most appropriate example of logistic regression?

• A) The use of stature, aerobic capacity, muscular strength and previous sports played to predict whether an individual should enter an elite rowing or weightlifting training programme.
• B) The use of aerobic capacity to predict marathon race time.
• C) The use of aerobic capacity to predict whether an individual should develop muscular strength and endurance.
• D) The use of stature, aerobic capacity, muscular strength and previous sports played to predict aerobic capacity.

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Definitions:

MC = P

A formula indicating that in perfect competition, the price (P) is equal to the marginal cost (MC) of producing an additional unit.

Economic Profits

The variance between complete earnings and aggregate expenses, taking into account both overt and covert costs.

Downward-Sloping Demand

A market scenario where the quantity demanded by consumers decreases as the price of the good increases, illustrating the inverse relationship between price and demand.

Downward Sloping

Describes a line or curve on a graph that represents a decrease or decline in value as one moves from left to right.