Regression Is Used for Forecasting When There Is a Relationship

question 33

True/False

Regression is used for forecasting when there is a relationship between the dependent variable (demand)and one or more independent (explanatory)variables.

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Definitions:

RPM Speed

A measure of the rotational speed of a mechanical component, denoted in revolutions per minute.

Synchronous Speed

The speed at which the magnetic field in an AC motor rotates, directly proportional to the frequency of the electrical supply and the number of poles in the motor.

Slip

The difference between the synchronous speed of an induction motor's magnetic field and the actual speed of the rotor, expressed as a percentage.

Voltage

The electrical potential difference or force that causes current to flow in a circuit.