RESEARCH METHODOLOGY

STATISTICAL TECHNIQUES AND TOOLS

REGRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Suppose a straight line is fit to data having response variable y and explanatory variable x. Predicting values of y for values of x outside the range of the observed data is called ____
A
extrapolation
B
causation
C
correlation
D
interpolation
Explanation: 

Detailed explanation-1: -Suppose a straight line is fit to data having response variable y and explanatory variable x. Predicting values of y for values of x outside the range of the observed data is called causation. correlation.

Detailed explanation-2: -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)

Detailed explanation-3: -A response variable is a type of dependent variable. It is the one that changes the results. Furthermore, a response variable is the expected effect, and it responds to explanatory variables.

There is 1 question to complete.