Regression analysis ________.
A) calculates the slope coefficient using only two observed values within the relevant range and their respective costs
B) measures the average amount of change in the dependent variable associated with a unit change in one or more independent variables
C) estimates the cost functions using the time-and-motion studies
D) measures the variability or dispersion in a set of data points

Question

Quizplus · Accepted Answer

Regression analysis measures the average amount of change in the dependent variable associated with a unit change in one or more independent variables. It does not calculate the slope coefficient using only two observed values within the relevant range and their respective costs, estimate the cost functions using the time-and-motion studies, or measure the variability or dispersion in a set of data points.

Regression Analysis ________