Exam 15: Understanding Regression Analysis Basics

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The final output in stepwise multiple regression contains:

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Bivariate regression means only two variables are being analyzed,and researchers sometimes refer to this a"simple regression."

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It is beneficial for the marketing manager and the market researcher to have some sort of model in mind when designing a research plan.

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When regression is used as a screening device,there are several items to report.Which of the following is NOT one of those items?

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Standardized betas indicate the relative importance of alternative predictor variables.

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The ________ enables the marketing researcher to think in terms of fewer dimensions within which the dependent variable relationship operates.

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The researcher can compare standardized beta coefficients' sizes directly,but comparing unstandardized betas is like comparing apples and oranges.

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Researchers sometimes refer to bivariate regression as:

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Regression analysis springs from ________,which is a measure of the linear association and not the causal relationship between two variables.

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Of the following,which ONE variance inflation factor(VIF)would be a cause for concern?

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The presence of moderate or stronger correlations among the dependent variables is termed multicollinearity and will violate the dependence assumption of multiple regression analysis results when it occurs.

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What variable is customarily termed y in the regression straight-line equation?

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A researcher might be seeking market segmentation bases and could use regression to spot which demographic variables are related to the consumer behavior variable under study.What type of special use of regression analysis is this considered?

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An outlier is a data point that is substantially outside the normal range of the data points being analyzed.

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Used as a screening device,multiple regression analysis identifies dependent variables that qualify to be part of the final equation.

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If VIF is ________,the researcher should remove that variable from the independent variable set and rerun the multiple regression.

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Standardized betas indicate the relative importance of:

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When regression is used as a screening device,signs of beta coefficients are not reported.

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Define multiple regression.What are the basic assumptions behind multiple regression?

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Iterations during the trimming process will also cause the beta values and the intercept value to shift slightly;consequently,it is necessary to inspect all significance levels of the betas once again.

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