Which of these statements is best?
A)In regression, an independent variable is sometimes called a response variable.
B)One purpose of regression is to understand the relationship between variables.
C)One purpose of regression is to predict the value of one variable based on the standard deviation of that variable.
D)The variable to be predicted is the independent variable.

Question

Quizplus · Accepted Answer

Option B is the best statement as it accurately describes one of the main purposes of regression analysis, which is to understand the relationship between variables. Option A is incorrect as an independent variable is never called a response variable in regression. Option C is also incorrect as regression models predict the value of a dependent variable based on one or more independent variables, not the standard deviation. Option D is also incorrect as the variable to be predicted is the dependent variable, not the independent variable.

Which of These Statements Is Best