Regression Is Used for Forecasting When There Is a Relationship

question 33

True/False

Regression is used for forecasting when there is a relationship between the dependent variable (demand)and one or more independent (explanatory)variables.

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Definitions:

Option Button

A graphical user interface element that allows the user to make a single choice among a group of options, also known as a radio button.

Form Control

A user interface component that enables users to input data or adjust settings in a software application or web form.

Action

The process of doing something, typically to achieve an objective or a response to a user input in software.

Macro Dialog Box

A user interface element that allows users to run, edit, or create macros within software applications.