Regression may be used to make general predictions; for example,there is a relationship between family size and dollar amount spent on groceries.But regression cannot be used to predict a dollar amount of groceries that families of different sizes would purchase.

Question

Quizplus · Accepted Answer

Regression analysis can indeed be used to predict a dollar amount of groceries that families of different sizes would purchase by estimating the relationship between family size (independent variable) and the dollar amount spent on groceries (dependent variable).

Regression May Be Used to Make General Predictions; for Example,there