Entrepreneurs Using the Census Bureau's Web Site to Evaluate Potential

question 60

Multiple Choice

Entrepreneurs using the Census Bureau's Web site to evaluate potential locations have access to which of the following information about the residents in those locations?

• A)Income levels
• B)Age distributions
• C)Occupational data
• D)All of the above

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Definitions:

Error Terms

Components of a statistical model that represent the difference between observed and predicted values.

Time

The ongoing and continuous sequence of events that occur in succession, from the past through the present to the future.

Residuals

The variance between actual observed data points and the values forecasted by a computational model.

Telemarketing Sales

The direct marketing of goods or services to potential customers over the telephone or through subsequent calls.