regression analysis, Mcqs

1. What is the primary purpose of regression analysis?
A. To describe data
B. To compare means between groups
C. To predict the value of a dependent variable based on one or more independent variables
D. To test for associations between categorical variables
Answer: C

2. In a simple linear regression model, which variable is being predicted?
A. Independent variable
B. Dependent variable
C. Predictor variable
D. Explanatory variable
Answer: B

3. What does the coefficient of determination (R²) indicate in regression analysis?
A. The correlation between two variables
B. The proportion of the variance in the dependent variable that is predictable from the independent variable(s)
C. The average difference between observed and predicted values
D. The slope of the regression line
Answer: B

4. In the regression equation Y = a + bX, what does “b” represent?
A. The intercept
B. The slope
C. The predicted value of Y
D. The residual
Answer: B

5. What is a residual in regression analysis?
A. The difference between the observed and predicted values
B. The predicted value of the dependent variable
C. The slope of the regression line
D. The total sum of squares
Answer: A

6. Which of the following assumptions is NOT required for linear regression?
A. Linearity
B. Homoscedasticity
C. Normality of residuals
D. Independence of variables
Answer: D

7. What is multicollinearity in the context of multiple regression analysis?
A. The presence of correlation between independent variables
B. The presence of correlation between dependent variables
C. The presence of outliers
D. The violation of normality assumptions
Answer: A

8. What is the purpose of using a dummy variable in regression analysis?
A. To standardize variables
B. To handle missing data
C. To include categorical predictors in the regression model
D. To test for multicollinearity
Answer: C

9. Which of the following is a measure of the goodness-of-fit of a regression model?
A. Mean
B. Standard deviation
C. R²
D. Median
Answer: C

10. In multiple regression analysis, what does the adjusted R² account for?
A. The number of independent variables in the model
B. The mean of the dependent variable
C. The variance of the residuals
D. The total number of observations
Answer: A

More MCQS on Management Sciences

  1. Green supply chain management MCQs 
  2. Sustainable Operations and Supply Chains MCQs in Supply Chain
  3. Decision support systems MCQs in Supply Chain
  4. Predictive analytics in supply chains MCQs in Supply Chain
  5. Data analysis and visualization MCQs in Supply Chain
  6. Supply Chain Analytics MCQs in Supply Chain
  7. Demand management MCQs in Supply Chain
  8. Sales and operations planning (S&OP) MCQs in Supply Chain
  9. Forecasting techniques MCQs in Supply Chain
  10. Demand Forecasting and Planning MCQs in Supply Chain
  11. Contract management MCQs in Supply Chain
  12. Strategic sourcing MCQs in Supply Chain
  13. Supplier selection and evaluation MCQs in Supply Chain
  14. Procurement and Sourcing MCQs in Supply Chain
  15. Just-in-time (JIT) inventory MCQs in Supply Chain
  16. Economic order quantity (EOQ )MCQs in Supply Chain
  17. Inventory control systems MCQs in Supply Chain
  18. Inventory Management MCQs in Supply Chain
  19. Total quality management (TQM) MCQs in Supply Chain
  20. Quality Management MCQs in Supply Chain
  21. Material requirements planning (MRP) MCQs in Supply Chain
  22. Capacity planning MCQs in Supply Chain
  23. Production scheduling MCQs in Supply Chain
  24. Production Planning and Control MCQs
  25. Distribution networks MCQs in Supply Chain
  26. Warehousing and inventory management MCQs in Supply Chain
  27. Transportation management MCQs in Supply Chain
  28. Logistics Management MCQs in Supply Chain
  29. Global supply chain management MCQs in Supply Chain
  30. Supply chain strategy and design MCQs in Supply Chain
  31. Basics of supply chain management MCQ in Supply Chains
  32. Supply Chain Management MCQs
  33. Introduction to Operations Management MCQs in Supply Chain
  34. Fundamentals of operations management MCQs 
  35. Operations & Supply Chain Management MCQs
  36. Business Intelligence MCQs
  37. distributed computing frameworks MCQs
  38. Handling large datasets MCQs
  39. Big Data Analytics MCQs
  40. neural networks, ensemble methods MCQs
  41. Introduction to algorithms like clustering MCQs
  42. Machine Learning MCQs
  43. time series forecasting MCQs
  44. decision trees MCQs
  45. Modeling techniques such as linear and logistic regression MCQs
  46. Predictive Analytics MCQs
  47. Power BI MCQs
  48. using tools like Tableau MCQs
  49. Techniques for presenting data visually MCQs
  50. Data Visualization MCQs
  51. Data manipulation, MCQs
  52. SQL queries, MCQs
  53. Database fundamentals, MCQs
  54. Data Management and SQL, MCQs
  55. regression analysis, Mcqs
  56. inferential statistics, Mcqs
  57. descriptive statistics, Mcqs
  58. Probability theory, Mcqs
  59. Statistics for Business Analytics
  60. regression analysis, Mcqs
  61. inferential statistics
  62. descriptive statistics, Mcqs
  63. Probability theory, Mcqs
  64. Statistics for Business Analytics
  65. Management Sciences MCQs

Leave a Comment