_________ Analysis Tries to Uncover Explanatory and Predictive Models of Business

question 2

Multiple Choice

_________ analysis tries to uncover explanatory and predictive models of business performance based on the relationship between data inputs and business outcomes.

• A)Regression
• B)Descriptive
• C)Predictive
• D)Perceptive
• E)None of these are correct.

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Definitions:

Variance

A measure of the dispersion or spread of a set of values, indicating how much they differ from the average of the set.

Sample Size

The number of observations or data points collected in a sample from a population for analysis.

Continuous Random

Pertains to a random variable that can take an infinite number of possible values in a continuous range.

Value In Interval

Refers to a number or a measurement lying within a specific range defined by a lower and upper boundary.