If Profit Margins Increase as Sales Increase, the Need for External

question 18

True/False

If profit margins increase as sales increase, the need for external finance is reduced.​

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Definitions:

Multiple Regression

It is a statistical technique that uses several explanatory variables to predict the outcome of a response variable.

Independent Variable

A variable in an experiment or model that is manipulated or categorized to observe its effect on the dependent variable.

Curvilinear Regression

A statistical technique used to model the relationship between a dependent variable and one or more independent variables where the relationship is not linear.

Coefficient Of Determination

A statistical measure represented as R² that assesses the proportion of the variance in one variable that is predictable from the other variable.