A Statistical Technique Used to "Fit" an Equation to Empirical

question 26

True/False

A statistical technique used to "fit" an equation to empirical data in order to estimate the relationship between a dependent variable and more than one independent variable is called multiple regression.

---

Definitions:

Goal Seeking

A function in computer programs, particularly spreadsheets, that finds the input value needed to achieve a specific target output.

Cell Value

The specific data or content contained within a cell in a spreadsheet or table, often numerical or textual.

Formula Dependency

Describes a situation in spreadsheet applications where the calculation of one formula relies on the result of another formula or cell value.

IF Function Formula

A logical function in Excel that returns one value if a condition is true and another value if it's false.