Answer | ||
19 | FALSE | It depends on effect size, population standard deviation etc. |
20 | FALSE | It shows percentage or proportional data |
21 | FALSE | Mean is not equal to median if distribution is asymmetric |
22 | TRUE | Data mining is the process of discovering patterns in large data sets |
23 | TRUE | self - explanatory |
24 | FALSE | Clients will like brief but clear, crisp and to the point reports |
25 | FALSE | self - explanatory |
19. Population size is the most important determinant of effective sample size. A) True B) False...
34 to 37 true or false value of the error term is zeru 13 B 32. The larger the sample size, the greater is the likeli coefficient will be larger than the critical t-value, ceteris paribis. Omitted variable error leads to imprecisely estimated coefficients, Specification criteria include looking at theory, t-test, adjusted R-squared, but not to biauu and bias. 33. 35. Irrelevant variables cause biased estimators. tepwise regression is frequently used as a way of determi variable the established theory...