BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The variable you are using to predict the other variable’s value is called the dependent variable.
A
True
B
False
Explanation: 

Detailed explanation-1: -❖ The variable that researchers are trying to explain or predict is called the response variable. It is also sometimes called the dependent variable because it depends on another variable. ❖ The variable that is used to explain or predict the response variable is called the explanatory variable.

Detailed explanation-2: -The other name for the dependent variable is the Predicted variable(s). The dependent variables are named as such because they are the values that are predicted or assumed by the predictor / independent variables.

Detailed explanation-3: -True The dependent variable is the variable that is being described, predicted, or controlled. True A simple linear regression model is an equation that describes the straight-line relationship between a dependent variable and an independent variable.

Detailed explanation-4: -The criterion variable considered to be a dependent/response variable. Also, the dependent variable is predicted with the help of the explanatory variable. Hence, the variable is being predicted by another variable is called criterion variable.

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