Examlex
Which of the following is true regarding simulation?
Linear Regression
A statistical method for modeling the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.
Multiple Regression
A statistical technique that uses more than one independent variable to predict the outcome of a dependent variable, allowing for the analysis of complex relationships.
Perfect Correlation
Describes a relationship between two variables where all data points lie exactly on a line with either a positive or negative slope; correlation coefficient is either 1 or -1.
Prediction
A statement about future events or outcomes based on current evidence or analysis.
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