Investment allocations are considered uncontrollable variables in a decision model.
Indicate whether the statement is true or false
Q. 2What is the fraction time blocked for work station 2?
A) 0.00 minutes
B) 0.97 minutes
C) 0.42 minutes
D) 0.49 minutes
Q. 3Which of the following is included in the empirical rules?
A) Approximately 59 of the observations will fall within two standard deviations of the mean, or within x 2s.
B) Approximately 68 of the observations will fall within one standard deviation of the mean, or between x - s and x + s.
C) Approximately 89 of the observations will fall within three standard deviations of the mean, or within x 3s.
D) Approximately 28 of the observations will fall within three standard deviations of the mean, or within x 3s.
Q. 4The model yt = 12 + 2.4xt + 0.5yt-1 is estimated using regression analysis applied to time-series data. What is the effect of a 1-unit increase in x in period (t + 2 )?
What will be an ideal response?
Q. 5________ indicates the strength of association between the dependent and independent variables in multiple regression.
A) Variance inflation factor
B) R square
C) Standard error
D) ANOVA
Q. 6The fraction time blocked for work station 1 is ________.
A) 0.00 minutes
B) 0.97 minutes
C) 0.42 minutes
D) 0.49 minutes
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