Which of the Following Best Describes a Multiple Linear Regression

question 90

Multiple Choice

Which of the following best describes a multiple linear regression model?

• A)A multiple linear regression model has more than one dependent variable.
• B)A multiple linear regression model has more than one independent variable.
• C)A multiple linear regression model must have more than one independent variable and more than one independent variable.
• D)A multiple linear regression model has one independent variable.

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Definitions:

Nominal Interest Rate

The stated annual interest rate on which the compound-interest calculation is based.

Annually Compounded

Interest on an investment that is calculated once a year on both the initial principal and the accumulated interest from previous periods.

Nominal Rate

The annual interest rate not adjusted for inflation or the compounding of interest.

RRSP

Registered Retirement Savings Plan, a retirement savings and investing vehicle for employees and the self-employed in Canada.