Which of these statements is best? One purpose of regression is to predict the value of one

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Which of these statements is best?

One purpose of regression is to predict the value of one variable based on the standard deviation of that variable.

In regression, an independent variable is sometimes called a response variable.

The variable to be predicted is the independent variable.

One purpose of regression is to understand the relationship between variables.

Related Book For answer-question

Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

ISBN: 978-0324656633

5th edition

Authors: Cliff T. Ragsdale

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Posted Date: Jun 21, 2022 07:51 AM

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Which of these statements is best? One purpose of regression is to predict the value of one

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1 D One purpose of regression is to understand t... View the full answer

Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

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