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If You Need to Create Sales Charts, Order New Products

question 172

Multiple Choice

If you need to create sales charts, order new products, complete purchase orders, and produce proposals to obtain new contracts, you can use ____ techniques in the Office suite to accomplish your tasks.


Definitions:

Correlation

A statistical measure that describes the extent to which two variables change together, but doesn't necessarily indicate causation.

ANCOVA

Short for Analysis of Covariance, a statistical technique that adjusts the means of dependent variables for one or more covariates before comparing the means of different groups.

Linear Regression

Linear Regression is a statistical method for modeling the relationship between a dependent variable and one or more independent variables, indicating how the dependent variable changes as the independent variable(s) change.

Multiple Regression

A method in statistics that employs multiple explanatory variables to forecast the result of a dependent variable.

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