The difference between the observed value of the dependent variable and the value predicted using the estimated regression equation is known as the
a. constant term. b. error term.
c. residual. d. model parameter.
c
RATIONALE: The difference between the observed value of the dependent variable and the value predicted using the estimated regression equation is known as the residual.
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Group life insurance policies include a probationary period requiring new employees to wait a certain time before they can enroll in the plan. How long is the typical range for these probationary periods?
A) 1 to 12 months B) 10 to 25 days. C) 18 to 24 months D) 30 to 45 days.
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________ teams are comprised of individuals from the same department
A) Multifunctional B) Dysfunctional C) Functional D) Cross-functional
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