Which of the Following Statistical Techniques Is Used to Examine

question 30

Multiple Choice

Which of the following statistical techniques is used to examine correlations but allows a bit of a suggestion as to the direction, or causality, in the relationship between factors?

• A)factor analysis
• B)path analysis
• C)multivariate analysis
• D)analysis of covariance

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Definitions:

Concerts Attended

Refers to the number of live music performances a person has gone to within a specified period.

Confidence Interval

A range of values, derived from sample data, that is used to estimate the true value of a population parameter with a specified level of confidence.

Prediction Interval

In statistics, a range within which a future observation or data point is expected to fall, with a specified probability.

Heteroscedasticity

A condition in regression analysis where the variance of the error terms or disturbances is not constant across all levels of an independent variable.