_______ attempts to classify a categorical outcome as a linear function of explanatory variables
a. Linear regression
b. Logistic regression
c. Classification model
d. Supervised learning
b
RATIONALE: Logistic regression attempts to classify a coategorical outcome as a linear function of explanatory variables.
Business
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To do business in international markets, local adaptation requires firms to _________.
A. centralize decision making B. give autonomy to local units C. mix both centralization and decentralization D. adopt a niche strategy
Business
Which of the following best describes the term "spot price"
A. The price for immediate delivery B. The price for delivery at a future time C. The price of an asset that has been damaged D. The price of renting an asset
Business