The equation describes how the dependent variable (y) is related to the independent variable (x) ? Group of answer choicesRegression ModelCorrelation ModelCorrelation AnalysisEquational Analysis
Question
The equation describes how the dependent variable (y) is related to the independent variable (x) ? Group of answer choicesRegression ModelCorrelation ModelCorrelation AnalysisEquational Analysis
Solution
The correct answer is Regression Model. A regression model describes how the dependent variable (y) is related to the independent variable (x). It is a statistical process for estimating the relationships among variables.
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The equation that describes how the dependent variable (y) is related to the independent variable (x) is calledGroup of answer choicesthe regression modelNone of these answers is correct.the correlation modelcorrelation analysis
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In regression analysis, the independent variable is ___.Group of answer choicesused to predict the dependent variableused to predict the independent variableused to predict other independent variablescalled the intervening variable
In an econometric model, the dependent variable is ______ Group of answer choicesthe behaviour a researcher is trying to explain.unchanging in value across subsamples.also known as the coefficient.always the wage.unrelated to the independent variables.Next
Experimentation helps to determine the nature of the relationship of independent variable only.Group of answer choicesTrueFalse
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