Selected DA0-001 CompTIA Data+ Questions Answers

Multicollinearity in a dataset refers to the situation where two or more predictor variables are highly correlated, meaning that one can be linearly predicted from the others with a substantial degree of accuracy. In such cases, the correlation coefficient is a key statistical measure used to identify the presence of multicollinearity. It quantifies the degree to which two variables are linearly related.

The Variance Inflation Factor (VIF) is another commonly used metric that is derived from the correlation coefficient. It assesses how much the variance of an estimated regression coefficient increases if your predictors are correlated. If no factors are correlated, the VIFs will all be equal to 1.

While the other options listed—Chi-squared test, Two-sample f-test, and Two-way ANOVA—are valuable statistical tools, they serve different purposes and are not typically used to detect multicollinearity. The Chi-squared test is used for testing relationships between categorical variables, the Two-sample f-test compares variances across groups, and Two-way ANOVA is used to understand the interaction between two independent categorical variables on a continuous dependent variable.

References:

Multicollinearity in Regression Analysis: Problems, Detection, and Solutions1.

What is multicollinearity and how to remove it?2.

Detect and Treat Multicollinearity in Regression with Python3.

This is because a chi-squared test is a type of statistical method that tests the association or independence between two or more categorical variables, such as gender, race, or occupation. A chi-squared test can be used to compare the observed frequencies of the categories with the expected frequencies under the null hypothesis of no association or independence. For example, a chi-squared test can be used to determine if there is a relationship between smoking and lung cancer. The other statistical methods do not require two or more categorical variables. Here is why:

Simple linear regression is a type of statistical method that models the relationship between a continuous dependent variable and a continuous or categorical independent variable, such as height, weight, or education level. A simple linear regression can be used to estimate the slope and intercept of the best-fitting line that describes how the dependent variable changes with the independent variable. For example, a simple linear regression can be used to predict the weight of a person based on their height.

Z-test is a type of statistical method that tests the significance of the difference between a sample mean and a population mean, or between two sample means, when the population standard deviation or the sample sizes are large enough. A z-test can be used to compare the average scores of two groups of students on a standardized test.

Two-sample t-test is a type of statistical method that tests the significance of the difference between two sample means when the population standard deviation is unknown or the sample sizes are small. A two-sample t-test can be used to compare the average salaries of two groups of employees in different departments.

The report for the CEO should include YTD total sales, as this will provide a high-level overview of the sales performance of the company and show how it is meeting its annual goals. The other options are not appropriate for the CEO, as they are either too detailed or irrelevant for the report. The sales representatives’ home addresses, line-item SKU numbers, and customers’ first and last names are not related to the sales performance and might compromise the privacy and security of the data. Reference: CompTIA Data+ (DA0-001) Practice Certification Exams | Udemy