In a Linear Regression Model, the Variable (Or Variables) Used

question 41

Multiple Choice

In a linear regression model, the variable (or variables) used for predicting or explaining values of the response variable are known as the __________. It(they) is(are) denoted by x.

• A)dependent variable
• B)independent variable
• C)residual variable
• D)regression variable

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Definitions:

Journal Entry

A recorded transaction in the financial accounting system, documenting the debits and credits necessary to maintain the balance sheet's integrity.

Inventory

Items that a company holds for the purpose of selling in the normal course of business, or materials used in the production of goods to be sold.

Dividends

Funds disbursed by a company to its stockholders, typically from earnings.

Consolidation Worksheet

A tool used in preparing consolidated financial statements that combines the financial information of a parent company and its subsidiaries.