Which of the Following Is Not an Advantage of Multiple

question 110

Multiple Choice

Which of the following is not an advantage of multiple regression as compared with analysis of variance?

• A)Multiple regression can be used to estimate the relationship between the dependent variable and independent variables.
• B)Multiple regression handles problems with more than two independent variables easier than analysis of variance.
• C)Multiple regression handles nominal variables better than analysis of variance.
• D)All of these choices are true are advantages of multiple regression as compared with analysis of variance.

---

Definitions:

Electricity Consumption

The amount of electrical energy used by households, businesses, and industries over a certain period, typically measured in kilowatt-hours (kWh).

Price Elasticity

A gauge of the extent to which the demand for a certain item is affected by fluctuations in its cost.

Electricity Consumption

The total amount of electric power used by consumers within a specific period.

Perfectly Elastic

Describing a situation where the quantity demanded or supplied responds infinitely or by an unlimited amount to a change in price.