What are the requirements that must be met for aregression analysis? What happens if these requirements areviolated? Why is analysis of residuals important?
What terms describe the fit of a regression equation tothe data? What is the importance of the coefficient ofdetermination (r)? How do you identify outliers in […]
Does correlation equal causation? Does the strength ofcorrelation depend on the direction? What is the meaning of a zerocorrelation? Explain your answers.
Why do you use the chi-square statistic? What type ofdata is used with chi-square analysis? What are the nonparametrictests that correspond to each type of parametric […]
Explain the difference between a left-tailedtwo-tailed and right-tailed test. When would you choose atwo-tailed test? How might you tell the direction of the test bylooking at […]
Can the formal hypothesis testing approach be used fornonparametric tests? How are parametric and nonparametricstatistics different? How are parametric and nonparametricstatistics similar?
One of the major dilemmas in global management concerns thedegree to which a multinational firm should adapt its businesspractices to particular locations and cultures versus the […]