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MGSC 310 MIDTERM (ACTUAL EXAM) WITH 180+ QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+ $12.99   Add to cart

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MGSC 310 MIDTERM (ACTUAL EXAM) WITH 180+ QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+

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MGSC 310 MIDTERM (ACTUAL EXAM) WITH 180+ QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+

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  • August 27, 2024
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NurseLNJ
MGSC 310 MIDTERM (ACTUAL EXAM)
WITH 180+ QUESTIONS WITH VERY
ELABORATED ANSWERS CORRECTRY WELL
ORGANIZED LATEST 2024 – 2025 ALREADY
GRADED A+




p-values

-tells us the likelihood that, if the null hypothesis were true, we would receive a
result as extreme as the one seen



-This is a measure that helps us determine the strength of the results of our
experiment. A small p-value (< 0.05) indicates that we can reject the null
hypothesis. The smaller, the better.



-The issue is with a 0.05 threshold we may lead to show showing relationships
that don't exist



Log-log regression and interpretation

, -Both Dependent and Independent are Logged



-A 1% increase in the independent variable is associated with a β percentage
change in the expected value of the dependent variable, holding all else constant.



-No multiplication by 100, read both variables as percent



Log-linear regression and interpretation

-Logged Dependent (y), Non-Logged Independent (x)



Linear Regression basics



-statistical process of estimating relationship between an outcome and one or
more predictors or independent variables



-Creating coefficients using independent variable/ inputs/predictors to predict the
dependent/X/output/target variable



formula: Y = f(X) + e



How are linear regression coefficients chosen?

-Sum of squares errors

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