BUAL 2650 Gupta Final Exam Questions
with Correct Answers 2025
what will happen - CORRECT ANSWER -predictive analytics
What has happened? - CORRECT ANSWER -descriptive analytics
measure of linear relationship between 2 variables, x and y, which doesn't depend on units of
measurement - CORRECT ANSWER -correlation coefficient
the proportion of the total variation in a dependent variable explained by an independent vari
able - CORRECT ANSWER -R squared
unknown variable that hasnt been accounted for - CORRECT ANSWER -lurking variable
actual-predicted - CORRECT ANSWER -equations
independent variables are highly correlated - CORRECT ANSWER -Multicollinearity
fail to reject - CORRECT ANSWER -p-value > alpha
reject Ho - CORRECT ANSWER -p-value < alpha
existing theory or belief, always assumed to be true - CORRECT ANSWER -null hypothesis (HO)
(not rejecting HO | HO is true) - CORRECT ANSWER -probability of confidence coefficent
with Correct Answers 2025
what will happen - CORRECT ANSWER -predictive analytics
What has happened? - CORRECT ANSWER -descriptive analytics
measure of linear relationship between 2 variables, x and y, which doesn't depend on units of
measurement - CORRECT ANSWER -correlation coefficient
the proportion of the total variation in a dependent variable explained by an independent vari
able - CORRECT ANSWER -R squared
unknown variable that hasnt been accounted for - CORRECT ANSWER -lurking variable
actual-predicted - CORRECT ANSWER -equations
independent variables are highly correlated - CORRECT ANSWER -Multicollinearity
fail to reject - CORRECT ANSWER -p-value > alpha
reject Ho - CORRECT ANSWER -p-value < alpha
existing theory or belief, always assumed to be true - CORRECT ANSWER -null hypothesis (HO)
(not rejecting HO | HO is true) - CORRECT ANSWER -probability of confidence coefficent
