Mgt6203 final exam - Study guides, Class notes & Summaries
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MGT6203 FINAL EXAM QUESTIONS 2021 | All Answers Correct
- Exam (elaborations) • 21 pages • 2021
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FINAL EXAM QUESTIONS 2021 
 
Theory - 20 questions 
 
Week 1 Questions 
 
Q1. If the explained sum of squares is 35 and the total sum of squares is 49, what is the residual sum of squares? 
A.	10 
B.	14 
C.	12 
D.	18 
 
Solution: B 
 
Explanation: Total Sum of Squares = Explained Sum of Squares + Residual Sum of Squares SST = SSE + SSR 
SSR = SST – SSE = 49 – 35 = 14 
 
Week 2 Questions 
 
Q2. Consider a regression model predicting the amount someone has spent (on some arbitrary product) bas...
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MGT 6203 FINAL EXAM_MGT 6203 SAMPLE FINAL EXAM Questions and Answers 2020
- Exam (elaborations) • 8 pages • 2021
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SAMPLE FINAL EXAM QUESTIONS 2020 
 
Theory - 10 questions (Final Exam will have 20 question) 
 
Q1. We have developed a regression model: Rent = b0+ b1* House_WithPool where House_WithPool is a dummy variable set to 1 if a house has a Pool and is set to 0 otherwise. The Regression summary output is 
	Estimate	S.E.	t Value	Pr>|t| 
Intercept	1542.149	2.954	12.58***	<.001 
House_WithPool	253.666	3.123	11.42***	<.001 
What is the average rent of a house with Pool given the summary output? ...
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