Which of these steps is not used in a regression analysis?
A)Determining which assertions apply to which dependent variables
B)Validate the prediction equation from a business logic point of view
C)Validate the prediction equation from a statistics point of view
D)Use the regression equation to make predictions for the data being currently audited

Question

Quizplus · Accepted Answer

Determining which assertions apply to which dependent variables is not a step in regression analysis. The steps in regression analysis typically involve selecting independent variables, building a regression equation, validating the equation from both a statistical and business point of view and then using the equation to make predictions.

Which of These Steps Is Not Used in a Regression