Quantitative Variables Are Also Referred to as Continuous or Interval

question 4

True/False

Quantitative variables are also referred to as continuous or interval variables.

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Definitions:

Slope

In mathematics, the measure of the steepness, incline, or grade of a straight line, calculated as the ratio of vertical change to horizontal change between two points on the line.

Regression Analysis

A set of statistical processes for estimating the relationships among variables.

Least Squares Line

A line that minimizes the sum of the squares of the vertical distances of the points from the line, used in linear regression analysis.

Predicted Amount

A rephrased term for predicted values, indicating the numerical estimates generated by a predictive model.