Which of the following Excel functions is applied to test for significance of regression?
A) COVAR
B) ANOVA
C) SINH
D) TREND

Question

Quizplus · Accepted Answer

The ANOVA (Analysis Of Variance) function is used for testing the significance of regression in Excel. It calculates the F-statistic and corresponding p-value, which can indicate whether the regression model is a good fit for the data. COVAR is used to calculate the covariance between two variables, SINH is a mathematical function, and TREND is used to calculate a line or curve that represents the general pattern of data in a chart.

Which of the Following Excel Functions Is Applied to Test