A Statement That Explains, Asserts, or Predicts on the Basis

question 11

Multiple Choice

A statement that explains, asserts, or predicts on the basis of statements (known as reasons) that are offered as evidence for it is called

• A)an explanation.
• B)a conclusion.
• C)an argument.
• D)an inference.

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Definitions:

Regression Analysis

A statistical technique for estimating the relationships among variables, often used to predict the value of a dependent variable based on the values of one or more independent variables.

Trend Line

A line drawn on a graph that shows the general direction in which data is moving over time.

Deseasonalize

The process of removing seasonal effects from a time series to better identify trends.

Seasonal Indexes

Quantitative measures that represent how a seasonal pattern affects the data over a specific period, often used in time series analysis to adjust predictions for seasonal effects.