A mathematical technique for forecasting that relates the dependent variable to an independent variable is
A)correlation analysis.
B)exponential smoothing.
C)linear regression.
D)weighted moving average.

Question

Quizplus · Accepted Answer

Linear regression is the mathematical technique for forecasting that relates the dependent variable to an independent variable. Correlation analysis is not a forecasting technique, but a statistical method for measuring the relationship between two variables. Exponential smoothing and weighted moving average are both time series forecasting techniques that do not involve an independent variable.

A Mathematical Technique for Forecasting That Relates the Dependent Variable