A process by which we estimate the value of dependent variable on the basis of one or more independent variables is called:

Related MCQs

• The value we would predict for the dependent variable when the independent variables are all equal to zero is called:
• Let the coefficient of determination computed to be 0.39 in a problem involving one independent variable and one dependent variable. This result means that
• The predicted rate of change of the dependent variable to changes in the independent variable is called:
• The study of the relationship between one variables and the combined effect of all other variables is called
• Which one of the following statement is/are true for the standard deviation? 1) It is independent on change of scale 2) It is independent on change of origin 3) It is the minimum root-mean-square deviation
• The dependent variable in a regression is also called:
• The independent variable in a regression is also called:
• If the value of any regression coefficient is zero, then two variables are:
• The estimate of β in the regression equation Y=α+βx+e by the method of least square is:
• The difference between the actual value of the time series and the forecasted value is called: