Question

492: The normality of residuals for factor A indicates a uniform behavior around zero, what can...

492: The normality of residuals for factor A indicates a uniform behavior around zero, what can be concluded from this fact?

A. There is something wrong with the model. Go back to the planning stage

B. Normality of residuals has been demonstrated by this uniform behavior

C. Factor A is a nuisance factor as demonstrated by the uniformity of residuals

D. Factor A is statistically significant because of the uniformity of residuals

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Option B seems to be correct.

Normality of residuals has been demonstrated by this uniform behavior.

Whenever a model prediction is carried out, we consider errors in terms of residuals which are the difference between predicted value and actual value. Generally they are assumed to be normally distributed with mean zero. Here, the uniform behaviour of factor A demonstrates the assumption of normality, which may not have been checked beforehand.

Add a comment
Know the answer?
Add Answer to:
492: The normality of residuals for factor A indicates a uniform behavior around zero, what can...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • OPS Practice quiz 2. The benefits of risk pooling depend on the behavior of demand from...

    OPS Practice quiz 2. The benefits of risk pooling depend on the behavior of demand from one market relative to demand from another. True False 3. What is Supply Chain Management? A set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses and stores so that merchandize is produced, distributed at the right quantities, to the right locations and at the right time in order to minimize system wide costs while satisfying service level requirements. The management of the flow...

  • I need help with the case W16165 SOMEBODY STOP THE RADIO STAR: JIAN GHOMESHI AT THE CBC Questions: What negative behavior is attributed to Ghomeshi? What was the impact of his alleged behavior on Q em...

    I need help with the case W16165 SOMEBODY STOP THE RADIO STAR: JIAN GHOMESHI AT THE CBC Questions: What negative behavior is attributed to Ghomeshi? What was the impact of his alleged behavior on Q employees? Why did the employee get together to compile the red sky presentation for Groen and Noorani? What else could they have done. If is is true that Goneshi treated Q staff extremely poorly over a long period of time (e.g. from April 2007 to...

  • Can Dogs Understand Human Cues? EXPLORATION Dogs have been domesticated for about 14,000 years. In that...

    Can Dogs Understand Human Cues? EXPLORATION Dogs have been domesticated for about 14,000 years. In that time, have they been able to develop an understanding of human gestures such as pointing or glancing? How about simi lar nonhuman cues? Researchers Udell, Giglio, and Wynne tested a small number of dogs in order to answer these questions. In this exploration, we wll first see whether dogs can understand human gestures as well as nonhuman gestures. To test this, the researchers positioned...

  • Rice Products in Bangladesh Business behavior is derived in large part from the basic cultural environment...

    Rice Products in Bangladesh Business behavior is derived in large part from the basic cultural environment in which the business operates and, as such, is subject to the extreme diversity encountered among the various cultures and subcultures. Here in particular we explore the necessity for adapting to cultural differences and how that can at times conflict with business ethics. This activity focuses on corruption, bribery, and ethics as it applies to adaptation. It deals with the concepts of ethics and...

  • What advice would you provide to Kathleen with regard to the CMO and Linda? Make sure...

    What advice would you provide to Kathleen with regard to the CMO and Linda? Make sure you support your position(s). From the onset, what would you recommend Kathleen do differently the next time she is faced with a similar situation? Tools* Download Human Resources in Healthcare Managing for Success Experiential Exercises Sexual Orientation Discrimination have been difficult because the health center Case was located in a rural county in Mississippi Note: This case was written by Brian Cooper: Kathleen was...

  • How can we assess whether a project is a success or a failure? This case presents...

    How can we assess whether a project is a success or a failure? This case presents two phases of a large business transformation project involving the implementation of an ERP system with the aim of creating an integrated company. The case illustrates some of the challenges associated with integration. It also presents the obstacles facing companies that undertake projects involving large information technology projects. Bombardier and Its Environment Joseph-Armand Bombardier was 15 years old when he built his first snowmobile...

  • Risk management in Information Security today Everyday information security professionals are bombarded with marketing messages around...

    Risk management in Information Security today Everyday information security professionals are bombarded with marketing messages around risk and threat management, fostering an environment in which objectives seem clear: manage risk, manage threat, stop attacks, identify attackers. These objectives aren't wrong, but they are fundamentally misleading.In this session we'll examine the state of the information security industry in order to understand how the current climate fails to address the true needs of the business. We'll use those lessons as a foundation...

  • DISSONANCE BETWEEN EMPLOYEES Matt created his T-shirt business, T’d up, 30 years ago, building the company...

    DISSONANCE BETWEEN EMPLOYEES Matt created his T-shirt business, T’d up, 30 years ago, building the company up from a small, no-name brand that he ran out of his parents’ garage while he was in school into a well-known local company that supplies custom T-shirts and other clothing and accessories for a wide variety of customers, both local and national. T’d up’s big break came 20 years ago when a local band became famous and sourced all of their concert clothing...

  • DISSONANCE BETWEEN EMPLOYEES Matt created his T-shirt business, T’d up, 30 years ago, building the company...

    DISSONANCE BETWEEN EMPLOYEES Matt created his T-shirt business, T’d up, 30 years ago, building the company up from a small, no-name brand that he ran out of his parents’ garage while he was in school into a well-known local company that supplies custom T-shirts and other clothing and accessories for a wide variety of customers, both local and national. T’d up’s big break came 20 years ago when a local band became famous and sourced all of their concert clothing...

  • What are the instruments that have been utilized for the review article discussions? ` 1. Introduction...

    What are the instruments that have been utilized for the review article discussions? ` 1. Introduction In recent years, nanoclays have been the object of particular interest for many scientists and researchers in chemistry, physics, engineering and biology due to their excellent properties as well as their sustain- ability [1-3]. For instance, they represent the starting point to the de velopment of smart materials for drug delivery (4-9), food packaging [10-12), environmental remediation and wastewater treatment [13], cultural heritage [14–17and...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT