Multicollinearity occurs when - Answer-two independent variables in the regression model are highly correlated
What would be an example of a null hypothesis when you are testing correlations between random variables x and y? - Answer-there is no significant correlation between the variables x an...
WPC Exam Study Guide Questions and
Answers
Multicollinearity occurs when - Answer-two independent variables in the regression
model are highly correlated
What would be an example of a null hypothesis when you are testing correlations
between random variables x and y? - Answer-there is no significant correlation between
the variables x and y
A regression analysis is used to determine the - Answer-degree of association between
variables
In a regression model, outliers may be identified by examining the - Answer-residuals
Which of the following statements is true for an experimental study? - Answer-A proper
design of the experiment is required to study a certain effect of the intervention
In a linear regression model, the dependent variable is "Final exam score (%) for WPC
300" and the independent variable is "Hours studied". A coefficient of 4 could be
interpreted as for every - Answer-hour of additional study, the expected final exam
score increases by 4%.
Which of the following questions are unsuitable for A/B testing? - Answer-which feature
should I launch next?
For a given problem, if you determined that you need to predict the outcome to make a
decision and also anticipate the behavioral change of the subject, what kind of big guns
analysis would you perform? - Answer-Game theory model and simulation
You are using 100 college students to find out how hours of revision affect their
performance in a college-level Spanish language exam. Which of the following variables
could be a confounding variable for your study? - Answer-what language is spoken at
home by these students
Data visualization is important because: - Answer-90% of the information transmitted to
the brain is visual
The starting point in telling a compelling story is: - Answer-revisiting your problem
definition
In the picture below, which principle of data visualization is not met: - Answer-The
principle of graphical integrity
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.93. You're not tied to anything after your purchase.