Mgt 6203 certification Study guides, Class notes & Summaries
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![MGT 6203 Certification Questions and CORRECT Answers](/docpics/5288014/66424b574bc0c_5288014_121_171.jpeg)
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MGT 6203 Certification Questions and CORRECT Answers
- Exam (elaborations) • 6 pages • 2024
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- $7.99
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ordinary least squares minimize - sum of squared error 
indicator variable aka - dummy variables 
interaction term - An independent variable in a regression model that is the product of 
two explanatory variables. 
interaction term is used to model - how the synergies between multiple variables impact 
the response variable 
R2 will always never decrease as - you add more parameters 
the mean of a variable that has a right-skewed distribution is smaller than the median (T/F) - 
FALSE
![MGT 6203 Certification Questions and CORRECT Answers](/docpics/5396158/664d7b9ae7d95_5396158_121_171.jpeg)
-
MGT 6203 Certification Questions and CORRECT Answers
- Exam (elaborations) • 6 pages • 2024
-
- $10.99
- + learn more
ordinary least squares minimize - sum of squared error 
indicator variable aka - dummy variables 
interaction term - An independent variable in a regression model that is the product of 
two explanatory variables. 
interaction term is used to model - how the synergies between multiple variables impact 
the response variable 
R2 will always never decrease as - you add more parameters 
the mean of a variable that has a right-skewed distribution is smaller than the median (T/F) - 
FALSE
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