Which of the Following Is a Predictive Analytics Technique Used

question 31

Multiple Choice

Which of the following is a predictive analytics technique used to estimate a specific dependent variable outcome based on independent variable inputs?

• A) classification
• B) regression
• C) times series
• D) variance analysis

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Definitions:

Tax Freedom Day

A symbolic day representing when a nation's taxpayers have collectively earned enough income to pay the year's total tax bill.

Marginal Tax Rate

The rate at which an additional dollar of income is taxed, reflecting the percentage of each additional dollar that is paid in tax.

Transfer Payments

Payments made by the government to individuals, without the government receiving any goods or services in return, such as welfare payments and social security benefits.

Exhaustive

Thorough and comprehensive in approach or scope.