Question 1

List the steps in interpreting a multiple regression model.

Accepted Answer

Multiple regression models can be interp

Question 2

Nominal and ordinal scales are referred to as nonmetric scales.

Accepted Answer

A) True 
 B)False

Question 3

If a researcher wants to know how strongly a measured variable is correlated with a factor, what should she look at?

Accepted Answer

A)  factor b 
B)  discriminator 
C)  factor link 
D)  factor loading 
A)  factor b 
B)  discriminator 
C)  factor link 
D)  factor loading

Question 4

A multivariate interdependence technique that classifies individuals or objects into a small number of mutually exclusive and exhaustive groups is _____.

Accepted Answer

The answer of A multivariate interdependence technique that classifies individuals...

Question 5

_____ in regression analysis refers to how strongly interrelated the independent variables in a model are.

Accepted Answer

The answer of _____ in regression analysis refers to how...

Question 6

Multicollinearity in regression analysis refers to how strongly interrelated the independent variables in a model are.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is computed by most regression programs and provide an indication of how much multicollinearity exists among a set of independent variables?

Accepted Answer

A)  c2 
B)  b 
C)  collinear coefficient 
D)  variance inflation factor (VIF) 
A)  c2 
B)  b 
C)  collinear coefficient 
D)  variance inflation factor (VIF)

Question 8

Which of the following suggests problems with multicollinearity?

Accepted Answer

A)  VIF > 5.0 
B)  b  0.8 
D)  a > 0.8 
A)  VIF > 5.0 
B)  b  0.8 
D)  a > 0.8

Question 9

In the following formula, k stands for:

Accepted Answer

A)  the number of observations 
B)  the degrees of freedom of the denominator 
C)  the number of independent variables 
D)  the sample size 
A)  the number of observations 
B)  the degrees of freedom of the denominator 
C)  the number of independent variables 
D)  the sample size

Question 10

Explain how cluster analysis can identify market segments.

Accepted Answer

Cluster analysis is a multivariate appro

Question 11

An indication of how strongly a measured variable is correlated with a factor is given by the _____.

Accepted Answer

The answer of An indication of how strongly a measured...

Question 12

Which analysis is portrayed by the equation: Y = bo + b1X1 + b2X2 + b3X3... + bnXn?

Accepted Answer

A)  simple regression 
B)  multiple regression 
C)  chi-square 
D)  factor analysis 
A)  simple regression 
B)  multiple regression 
C)  chi-square 
D)  factor analysis

Question 13

_____ is the extent to which independent variables in a multiple regression analysis are correlated with each other.

Accepted Answer

A)  Convergence 
B)  Variance 
C)  Skedacity 
D)  Multicollinearity 
A)  Convergence 
B)  Variance 
C)  Skedacity 
D)  Multicollinearity

Question 14

A value of R2 = 0.40 means that _____ percent of the variance in the dependent variable is explained by the independent variables.

Accepted Answer

A)  80 
B)  60 
C)  40 
D)  16 
A)  80 
B)  60 
C)  40 
D)  16

Question 15

In discriminant analysis, a linear combination of independent variables that explains group memberships is known as a(n) _____.

Accepted Answer

A)  regression equation 
B)  discriminant function 
C)  discriminant factor 
D)  n-way ANOVA 
A)  regression equation 
B)  discriminant function 
C)  discriminant factor 
D)  n-way ANOVA

Question 16

When an analysis studies the effect of several independent variables on a single dependent variable that is interval-scaled, this is called ______ analysis.

Accepted Answer

The answer of When an analysis studies the effect of...

Question 17

Explain why and how a business researcher uses factor analysis.

Accepted Answer

Factor analysis is a prototypical multiv

Question 18

A ______ variable has two distinct levels that are coded as 0 and 1.

Accepted Answer

The answer of A ______ variable has two distinct levels...

Question 19

Which of the following is a measure of the percentage of a variable's variance that is explained by the factors in factor analysis?

Accepted Answer

A)  R2 
B)  variance inflation factor 
C)  partial correlation 
D)  communality 
A)  R2 
B)  variance inflation factor 
C)  partial correlation 
D)  communality

Question 20

Discriminant analysis predicts a categorical dependent variable based on a linear combination of independent variables.

Accepted Answer

A) True 
 B)False

Exam 24: Multivariate Statistical Analysis

List the steps in interpreting a multiple regression model.

Nominal and ordinal scales are referred to as nonmetric scales.

If a researcher wants to know how strongly a measured variable is correlated with a factor, what should she look at?

A multivariate interdependence technique that classifies individuals or objects into a small number of mutually exclusive and exhaustive groups is _____.

_____ in regression analysis refers to how strongly interrelated the independent variables in a model are.

Multicollinearity in regression analysis refers to how strongly interrelated the independent variables in a model are.

Which of the following is computed by most regression programs and provide an indication of how much multicollinearity exists among a set of independent variables?

Which of the following suggests problems with multicollinearity?

In the following formula, k stands for:

Explain how cluster analysis can identify market segments.

An indication of how strongly a measured variable is correlated with a factor is given by the _____.

Which analysis is portrayed by the equation: Y = bo + b1X1 + b2X2 + b3X3... + bnXn?

_____ is the extent to which independent variables in a multiple regression analysis are correlated with each other.

A value of R2 = 0.40 means that _____ percent of the variance in the dependent variable is explained by the independent variables.

In discriminant analysis, a linear combination of independent variables that explains group memberships is known as a(n) _____.

When an analysis studies the effect of several independent variables on a single dependent variable that is interval-scaled, this is called ______ analysis.

Explain why and how a business researcher uses factor analysis.

A ______ variable has two distinct levels that are coded as 0 and 1.

Which of the following is a measure of the percentage of a variable's variance that is explained by the factors in factor analysis?

Discriminant analysis predicts a categorical dependent variable based on a linear combination of independent variables.

The Role of Business Research

Information Systems and Knowledge Management

Theory Building

The Business Research Process

The Human Side of Business Research: Organizational and Ethical Issues

Problem Definition: the Foundation of Business Research

Qualitative Research

Secondary Data Research in a Digital Age

Survey Research: an Overview

Survey Research: Communicating With Respondents

Observation

Experimental Research

Measurement

Attitude Measurement

Questionnaire Design

Sampling Designs and Sampling Procedures

Determination of Sample Size: a Review of Statistical Theory

Fieldwork

Editing and Coding: Transforming Raw Data Into Information

Basic Data Analysis: Descriptive Statistics

Univariate Statistical Analysis

Bivariate Statistical Analysis: Differences Between Two Variables

Bivariate Statistical Analysis: Measures of Association

Communicating Research Results: Report Generation, Oral Presentation, and Follow-Up

Filters

Which analysis is portrayed by the equation: Y = b_o + b₁X₁ + b₂X₂ + b₃X₃... + b_nX_n?

A value of R² = 0.40 means that _____ percent of the variance in the dependent variable is explained by the independent variables.