Asked by Football news With Scott and Lucas on Jul 03, 2024
Verified
A regression model in which more than one independent variable is used to predict the dependent variable is called a:
A) simple regression model.
B) multiple regression model.
C) dependent model.
D) B and C
Multiple Regression Model
A statistical technique that uses several explanatory variables to predict the outcome of a response variable.
- Understand the techniques for estimating costs, such as visual fit and regression analysis.
Verified Answer
AK
Adnan KabbaniJul 09, 2024
Final Answer :
B
Explanation :
A multiple regression model involves using more than one independent variable to predict a dependent variable. A simple regression model only uses one independent variable. Dependent model is not a commonly used term in regression analysis.
Learning Objectives
- Understand the techniques for estimating costs, such as visual fit and regression analysis.
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