BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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factor analysis
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time series analysis
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simple linear regression
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data mining
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Detailed explanation-1: -A regression analysis involving one independent variable and one dependent variable is referred to as a. simple regression. A linear regression analysis for which any one unit change in the independent variable is assumed to: have the same change in the dependent variable.
Detailed explanation-2: -The simplest form of the regression equation with one dependent and one independent variable is defined by the formula y = c + b*x, where y = estimated dependent variable score, c = constant, b = regression coefficient, and x = score on the independent variable.
Detailed explanation-3: -The independent variable is the cause. Its value is independent of other variables in your study. The dependent variable is the effect. Its value depends on changes in the independent variable.
Detailed explanation-4: -Linear regression is a data analysis technique that predicts the value of unknown data by using another related and known data value. It mathematically models the unknown or dependent variable and the known or independent variable as a linear equation.
Detailed explanation-5: -The classic regression problem involves a single independent variable and a dependent variable. This is called simple regression.