In a Regression Model,the Random Error Term Is Included to Capture

question 9

Multiple Choice

In a regression model,the random error term is included to capture the effects of the:

• A)independent variable
• B)dependent variable
• C)missing variables and random variation
• D)deterministic relationship

---

Definitions:

Develop

The process of growing, expanding, or improving something through a series of steps or stages.

Clinical Trials

Research studies performed in humans that are aimed at evaluating a medical, surgical, or behavioral intervention.

Successful

The achievement of set goals or objectives, often marked by favorable outcomes.

Large Market

A market with a vast number of consumers and suppliers, often associated with significant sales potential and competitive dynamics.