Which of the following is the statistical method used by managers to measure the average amount of change in the dependent variable associated with a unit change in one or more independent variables?
A)Cost function.
B)Relevant range.
C)Account analysis.
D)High-low method.
E)Regression analysis.

Question

Quizplus · Accepted Answer

Regression analysis is the statistical method used by managers to measure the average amount of change in the dependent variable associated with a unit change in one or more independent variables. It helps in establishing a relationship between the dependent and independent variables and provides insights into how changes in independent variables may affect the dependent variable.

Which of the Following Is the Statistical Method Used by Managers