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What is an interaction? Describe an example and identify the variables within your population (work, social, academic, etc.) for which you might expect interactions?
(1) What values can the response variable Y take in logistic regression, and hence what statistical distribution does Y follow? The response variable can take the value of either
Calculation for Continuous Series or Grouped Data = where, m = mid-point of class =
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Variance The term variance was used to describe the square of the standard deviation by R.A.Fisher. The concept of variance is highly important in areas where it is possible to
Analytical Approach We will illustrate this through an example. Example 1 A firm sells a product in a market with a few competitors. The average price charged by the
it is said that management is equivalent to decision making? do you agree? explain
Two individuals, player 1 and player 2, are competing in an auction to obtain a valuable object. Each player bids in a sealed envelope, without knowing the bid of the other player
What is a null hypothesis? ..
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