A Statistical Technique That Describes Two or More Variables Simultaneously

question 28

Multiple Choice

A statistical technique that describes two or more variables simultaneously and results in tables that reflect the joint distribution of two or more variables that have a limited number of categories or distinct values is called ________.

• A) cross-tabulation
• B) regression analysis
• C) frequency distribution
• D) random sampling
• E) binary regression

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Definitions:

Net Profit

The amount of money that remains from revenues after accounting for all costs and expenses, indicating the financial profitability of a business.

Cumulative

Pertaining to a total that increases gradually by successive additions.

Fifth Year

Referring to the fifth year in a specific time frame or plan, often used in the context of education, projects, or strategic plans.

Annual Cost

The total cost incurred by an entity over a one-year period, encompassing both fixed and variable expenses.