BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -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. It is also sometimes called the independent variable because it is independent of the other variable.

Detailed explanation-2: -Predictor variable is the name given to an independent variable used in regression analyses. The predictor variable provides information on an associated dependent variable regarding a particular outcome.

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: -A predictor variable is used to predict a future outcome based on given circumstances. Other names for this variable include criterion variable and explanatory variable. Predictor variables are important when trying to estimate or extrapolate a future outcome based on information that is known.

Detailed explanation-5: -Independent variables are also called: Explanatory variables (they explain an event or outcome) Predictor variables (they can be used to predict the value of a dependent variable) Right-hand-side variables (they appear on the right-hand side of a regression equation).