Multiple Choice
What is a way decision tree analysis might complement OLS regression analysis?
A) Model specification, to select predictor variables
B) Reveal unobserved heterogeneity (subpopulations requiring different predictors)
C) Identify optimal cutting points when binning continuous variables.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Name the most common approach used to
Q6: What are the two major types of
Q7: The label for the first or top
Q8: In a decision tree, what is a
Q9: The same predictor variable may appear in
Q10: In decision tree analysis, it is not
Q11: In a decision tree, paths through the
Q13: Decision trees are<br>A) Nonparametric<br>B) Nonlinear<br>C) Robust against
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Q15: Selecting salient variables prior to running the