The most common statistical technique for analytical procedures is
A) analysis of variance.
B) bell-curve analysis.
C) time-series analysis.
D) regression analysis.

Question

Quizplus · Accepted Answer

Regression analysis is the most common statistical technique for analytical procedures, as it allows for the examination of the relationship between a dependent variable and one or more independent variables. This technique can be used for prediction, forecasting, and identifying significant factors that impact the dependent variable. While the other techniques listed may also be used in analytical procedures, they are less commonly utilized than regression analysis.

The Most Common Statistical Technique for Analytical Procedures Is