To Predict a Single Dependent Variable from More Than One

question 13

Multiple Choice

To predict a single dependent variable from more than one independent variable, which statistical technique should be used?

• A) multiple regression
• B) structural equation modeling
• C) simple linear regression
• D) correlation

---

Definitions:

Economic Conditions

The state of the economy at a given time, encompassing factors like inflation rates, unemployment levels, GDP growth, and consumer spending.

General Decline

A broad decrease in stock prices or market indices, typically pointing to negative market sentiment or economic downturns.

Credit

A setup where merchandise, services, or cash is given in return for a commitment to repay a specific amount of money on a predetermined future date.

Capacity

The maximum output or producing ability of a facility, machine, business, or system under normal working conditions.