Which of the Following Techniques Is Used to Predict the Value

question 35

Multiple Choice

Which of the following techniques is used to predict the value of one variable on the basis of other variables?

• A)Correlation analysis
• B)Coefficient of correlation
• C)Covariance
• D)Regression analysis

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Definitions:

Rated As Innovation

Evaluated or classified as a novel and effective solution, product, or method that brings about significant change or improvement.

Novelty

Refers to the quality of being new, original, or unusual, often stimulating interest or attention in various contexts, from products to ideas.

Usefulness

The quality of being able to provide a beneficial function or meet a need.

Innovation

The process of introducing new ideas, devices, or methods to offer better solutions that meet new requirements or existing market needs.