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Helpers, a Nongovernmental Organization, Launches Practbilling

question 148

Multiple Choice

Helpers, a nongovernmental organization, launches practbilling.com, a website where all sorts of bills can be paid. It uses a specially designed software to allow hassle-free transactions in the billing and charges a nominal fee from the users. In this scenario, Helpers uses a(n) _____.


Definitions:

Stepwise Regression

A method of regression analysis in which the choice of predictive variables is carried out by an automatic procedure.

Regression Equation

An equation that describes the relationship between a dependent variable and one or more independent variables, typically used for prediction or forecasting.

Regression Model

A statistical technique that models and analyzes the relationship between a dependent variable and one or more independent variables.

Marital Status

A demographic variable indicating the legal relationship status of an individual, such as single, married, divorced, or widowed.

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