When government agents use real life data on bank loans to determine if whites and blacks are treated equally they are using the statistical technique called

Question

Quizplus · Accepted Answer

Regression is a statistical technique used to determine the relationship between two or more variables. In this case, the government agents are using bank loan data to determine if race is a variable that affects loan approval. By performing a regression analysis on the data, they can identify if there is a relationship between race and loan approval and if that relationship is statistically significant. Auditing, standard deviation, and quadratification are not statistical techniques used for this type of analysis.

When Government Agents Use Real Life Data on Bank Loans