In the Following Regression Equation,y Is a Binary Variable: Y=

question 19

Multiple Choice

In the following regression equation,y is a binary variable: y= β₀+β₁x₁+…β_kx_k+ u
In this case,the estimated slope coefficient, measures _____.

• A)the predicted change in the value of y when x₁ increases by one unit,everything else remaining constant
• B)the predicted change in the value of y when x₁ decreases by one unit,everything else remaining constant
• C)the predicted change in the probability of success when x₁ decreases by one unit,everything else remaining constant
• D)the predicted change in the probability of success when x₁ increases by one unit,everything else remaining constant

---

Definitions:

Supply Uncertainty

Refers to the unpredictability in the availability and timely delivery of materials and resources needed for production.

Required Levels

The specified minimum or maximum amounts of resources, inventory, or capacity needed to meet operational demands.

Demand During Lead Time

The quantity of a product or service that is expected to be sold or used during the period it takes for an order to be delivered or replenished.

Review Period

a set time frame during which performance, inventory levels, or supply chain activities are assessed and evaluated for efficiency and effectiveness.