Which of the Following Techniques Is Used to Predict the Value

question 67

Short Answer

Which of the following techniques is used to predict the value of one variable on the basis of other variables? $\begin{array}{|l|l|}\hline A&\text {Correlation analysis. }\\\hline B&\text { Coefficient of correlation.}\\\hline C&\text { Covariance.}\\\hline D&\text {Regression analysis. }\\\hline \end{array}$

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Definitions:

Absolute Value

The non-negative value of a number without regard to its sign, representing its distance from zero on the number line.

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases.

Indirect

Referring to a relationship or communication where the effect or message is not directly conveyed, but rather inferred through other means.

Statistical Significance

See Significance level.