Asked by Samende Kamana on May 01, 2024
Verified
________ is a regression model that involves one dependent variable and one independent variable.
A) Multiple regression
B) Simple regression
C) Single regression
D) Step-wise regression
Simple Regression
A statistical method used to examine the linear relationship between one independent variable and one dependent variable.
Regression Model
A statistical approach used to estimate the relationships among variables, commonly used for prediction and forecasting, where one or more independent variables are used to predict the outcome of a dependent variable.
Dependent Variable
In an experiment or study, it is the variable that is being tested and measured, expected to change in response to the independent variable.
- Identify and explain the characteristics of simple versus multiple regression models.
Verified Answer
Learning Objectives
- Identify and explain the characteristics of simple versus multiple regression models.
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