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1) If a p-value of

Business Apr 22, 2023

1) If a p-value of .03 indicates that the estimate is probably larger than the product specification, we know that a ___ was performed.

 

A) One-factor ANOVA

B) One-sample hypothesis test

C) Two-factor ANOVA

D) Two- sample hypothesis test

E) All of the above

F) None of the above

 

2) We try to keep our multivariate regression models lean in an effort to ____.

 

A) Keep variance inflation to a minimum

B) Make calculations easier

C) Increase R square

D) Increase SSR/SST

E) All of the above

F) None of the above

 

3) In hypothesis testing, ANOVA, and regression, alpha is _____.

 

A) The probability that we will commit type 1 error

B) The probability that we will commit type 2 error

C) The probability of committing type 1 error that we are willing to accept

D) The probability that the estimate is probably not different

E) All of the above

F) None of the above

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