In Regression Analysis,you Predict the Value of One Variable on the Basis

question 4

Short Answer

In regression analysis,you predict the value of one variable on the basis of one or more other related variables.The variable being predicted is called the ____________________ variable,and the related variables used to make the prediction are called ____________________ variables.

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Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly the mean; it is used to estimate the accuracy of a sample mean compared to the population mean.

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true value of a population parameter with a certain level of confidence.

Mean

Refers to the arithmetic average of a dataset, computed as the sum of all the numerical values divided by the count of values in the dataset.

Standard Error

The standard deviation of the sampling distribution of a statistic, often the mean, representing the accuracy with which a sample approximates a population.