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SAS A00-240 Exam - Topic 4 Question 127 Discussion

Customers were surveyed to assess their intent to purchase a product. An analyst divided the customers into groups defined by the company's pre-assigned market segments and tested for difference in the customers' average intent to purchase. The following is the output from the GLM procedure:What percentage of customers' intent to purchase is explained by market segment?Click the calculator button to display a calculator if needed.
D) 76%
A) <0.01%
B) 35%
C) 65%

SAS A00-240 Exam - Topic 4 Question 127 Discussion

Actual exam question for SAS's A00-240 exam
Question #: 127
Topic #: 4
[All A00-240 Questions]

Customers were surveyed to assess their intent to purchase a product. An analyst divided the customers into groups defined by the company's pre-assigned market segments and tested for difference in the customers' average intent to purchase. The following is the output from the GLM procedure:

What percentage of customers' intent to purchase is explained by market segment?

Click the calculator button to display a calculator if needed.

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Suggested Answer: D

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Kimberely
3 days ago
But what if the segments are really distinct?
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Lashaun
9 days ago
I agree, 65% shows a strong correlation.
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Georgene
14 days ago
I feel like 65% is more realistic.
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Kimberely
19 days ago
76% seems high, but could be right.
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Lashaun
24 days ago
I think it's about understanding the segments.
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Georgene
29 days ago
This question is tricky.
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Lizette
1 month ago
I disagree, it can't be less than 35% based on the data.
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Carry
1 month ago
Definitely C) 65%, that's a solid number.
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Melissa
1 month ago
Wait, only 0.01%? That's surprising!
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Suzi
2 months ago
That seems way too high, I'm leaning towards B) 35%.
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Maryann
2 months ago
I think it's D) 76%!
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Loreen
2 months ago
I feel like I’ve seen similar questions before, and I think 65% is a common threshold for significance in these types of analyses. But I’m not confident about this one.
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Eugene
2 months ago
I’m a bit confused about how to read the output. Does a higher percentage mean the market segment is more significant?
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Kizzy
2 months ago
I remember a practice question where we had to determine the percentage explained by different factors. I think if the R-squared is around 0.76, that would mean 76% is explained by the market segment.
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Claudia
3 months ago
I think the R-squared value in the output shows how much variance is explained, but I'm not entirely sure how to interpret it in this context.
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