Multiple Choice
You are proofreading a new business statistics book for a close friend. He lists the following as functions of logistic regression, but you suspect one is not accurate. Which?
A) Predict a dependent variable on the basis of several independent variables
B) Determine the variance in the dependent variable explained by the independent variables
C) Rank the relative importance of independent variables
D) Assess the impact of covariate control variables
Correct Answer:
Verified
Correct Answer:
Verified
Q7: The odds of an event are?<br>A) The
Q8: In the above example, the mean is
Q9: Which of the following statements is not
Q10: How would you request a logistic regression
Q11: Large log-likelihood values do not show or
Q12: Logistic regression is used when you want
Q13: You have a dependent variable with three
Q15: Very high standard errors in parameter estimates
Q16: To predict a person's occupation by their
Q17: The odds ratio is?<br>A) The natural log