BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -It is denoted by y and is often referred to as the response variable. a. regression variable. In a linear regression model, the variable that is being predicted or explained is known as . It is denoted by y and is often referred to as the response variable.

Detailed explanation-2: -Linear regression analysis is used to predict the value of a variable based on the value of another variable. The variable you want to predict is called the dependent variable. The variable you are using to predict the other variable’s value is called the independent variable.

Detailed explanation-3: -It is denoted by y and is often referred to as the response variable. dependent variable. The graph of the simple linear regression equation is a(n) straight line.

Detailed explanation-4: -dependent variable. The variable that is being predicted or explained. It is denoted by y and is often referred to as the response. independent variable. The variable (or variables) used for predicting or explaining values of the dependent variable.

Detailed explanation-5: -Detailed Solution. The known variable in a regression equation is called as Independent variable. Independent Variable: Independent variables are variables that are manipulated or are changed by researchers and whose effects are measured and compared.