_____ allows for the prediction of the level or magnitude of a phenomenon such as market share or market size.
A) Multiple regression
B) Multiple discriminate analysis
C) Canonical correlation
D) Multidimensional scaling

Question

Quizplus · Accepted Answer

Multiple regression analysis allows for the prediction of the level or magnitude of a phenomenon by examining the relationship between multiple independent variables and a dependent variable. This technique can be used to predict market share or market size based on multiple factors such as consumer demographics, pricing, and advertising.

_____ Allows for the Prediction of the Level or Magnitude