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List and Describe the Four Major Survey Methods and Describe

question 83

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List and describe the four major survey methods and describe the strengths and weaknesses of each method.


Definitions:

Mean Square Error

The unbiased estimate of the variance of the error term s2. It is denoted by MSE or s2.

Estimated Regression Equation

An equation generated through regression analysis that predicts the dependent variable based on the values of independent variables.

Regression Equation

An equation derived from regression analysis that represents the statistical relationship between one or more predictor variables and the response variable.

Regression Model

A form of predictive modelling technique which investigates the relationship between a dependent (target) and independent variable(s) (predictor).

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