In simple regression equation, the numbers of variables involved are:
Question
In simple regression equation, the numbers of variables involved are:
Solution
In a simple regression equation, there are two variables involved. These are:
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Independent Variable (X): This is the variable that you change in the experiment. It is also known as the predictor or explanatory variable.
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Dependent Variable (Y): This is the variable that you measure or observe. It is also known as the response or outcome variable.
So, in a simple regression equation, you are trying to predict the value of the dependent variable based on the value of the independent variable.
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