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SAS A00-240 Exam - Topic 8 Question 118 Discussion

Actual exam question for SAS's A00-240 exam
Question #: 118
Topic #: 8
[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?

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Suggested Answer: D

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Valene
8 days ago
I agree, 76% sounds right to me!
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Leeann
13 days ago
Haha, looks like the analysts have cracked the code to predicting customer behavior. 76% is no joke!
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Rozella
18 days ago
76%? That's impressive. I bet the company can use this information to really target their marketing efforts to each segment effectively.
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Mee
23 days ago
I'm surprised the R-squared is so high. That's a very strong relationship between market segment and purchase intent. I wonder what the other factors are that account for the remaining 24%.
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Lyla
28 days ago
Wow, 76% is a really high percentage. This analysis must have done a great job of capturing the differences between the market segments.
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Ona
1 month ago
The R-squared value of 0.76 indicates that 76% of the variation in customers' intent to purchase is explained by their market segment. That's a pretty significant amount.
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Mila
1 month ago
I vaguely recall that a higher percentage means a stronger relationship, so maybe it's D) 76%, but I need to double-check my notes.
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Penney
1 month ago
I feel like the answer could be higher than 35%, but I'm not confident if it's as high as 76%.
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Veronique
2 months ago
I think we practiced a similar question where we had to determine the percentage explained by a factor. I want to say it's around 65% based on that.
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Florencia
2 months ago
I remember something about R-squared values indicating how much variance is explained, but I'm not sure how to interpret it in this context.
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Yuki
2 months ago
This seems straightforward. I'll just need to find the R-squared value in the output and convert it to a percentage to get the answer.
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Virgina
2 months ago
Okay, I think I've got this. The R-squared value tells me how much of the variation in the dependent variable is explained by the independent variables. I just need to convert that to a percentage.
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Theron
2 months ago
That seems high, but I can see it.
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Onita
3 months ago
Wait, are we sure about that?
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Glory
3 months ago
I think it's D) 76%!
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Skye
3 months ago
I'm a bit confused by the GLM output. I'll need to review my notes on how to interpret the R-squared value to answer this.
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Jesus
4 months ago
Hmm, this looks like a regression problem. I'll need to focus on interpreting the model output to determine the percentage of variance explained.
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Steffanie
2 months ago
Right! That tells us how much variance is explained.
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Norah
3 months ago
Looks like we need to analyze the R-squared value.
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