L2: Empirical Estimation Flashcards
1
Q
incremental revenues
A
The additional revenues that stem from a yes-or-no decision.
2
Q
incremental costs
A
The additional costs that stem from a yes-or-no decision.
3
Q
Table 1-2
A
4
Q
least squares regression
A
The line that minimizes the sum of squared deviations between the line and the actual data points.
5
Q
confidence interval
A
(in material)
6
Q
Rule of Thumb for a 95% confidence interval
A
(in material)
7
Q
t-statistic
A
The ratio of the value of a parameter estimate to the standard error of the parameter estimate.
8
Q
Rule of Thumb for using t-statistc
A
(in material)
9
Q
multiple regression
A
(in material)
10
Q
Demonstration problem 1-5
A
11
Q
r-square
A
(in material)
12
Q
What is r-square rang?
A
0 to 1
13
Q
adjusted r-square
A
(in material)
14
Q
f-statistic
A
(in material)
