The emphasis in regression analysis is not to isolate all factors that affect sales but simply to identify those that have _________ on sales and then to estimate the magnitude of the impact.
A) The least dramatic impact
B) The average impact
C) The most dramatic impact
D) Predictor impact
E) None of the above

Question

Quizplus · Accepted Answer

The emphasis in regression analysis is to identify those factors that have the most significant impact on sales and estimate the magnitude of such impact. This helps in understanding the key drivers of sales and enables businesses to make informed decisions to optimize sales.

The Emphasis in Regression Analysis Is Not to Isolate All