ISDS 2001 Chapter : Course Outline Chapter 4 Sample Test
15 Mar 2019
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A national restaurant chain is interested in determining a mathematical model for predicting their weekly sales based upon advertising expenditures. They take a random sample of store locations and collect data on weekly sales (y) and amount spent on radio advertising (x1) and. They then conduct a data mining project aimed at determining the best set of predictors. Use the output below to answer questions 1 3: Which of the following set of predictors is best for predicting weekly sales? (use = 0. 01) After testing the model for accuracy, you use the estimated regression equation to predict weekly sales. This part of the data mining process is known as ______ The data and results of a linear discriminant analysis for admissions (1=yes, 0=no) into an. Mba program using gmat, gpa, and qgmat as predictors is presented below. Use this information to answer questions 4 8: Suppose someone applying for the mba program has gmat=540, gpa=3. 00, and.
