In Regression Analysis,the Variable We Are Trying to Explain or Predict

question 12

Multiple Choice

In regression analysis,the variable we are trying to explain or predict is called the

• A) independent variable 
• B) dependent variable 
• C) regression variable 
• D) statistical variable

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Definitions:

UCC

The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the laws across the states.

Ex-Ship

A term used in international trade, indicating that the seller is responsible for delivering goods to a designated port of arrival and covering all costs until the goods are offloaded from the ship.

Risk of Loss

A legal term referring to who bears the financial burden if goods are damaged or lost during a transaction or shipment.

Contract

A contract that is legally enforceable and agreed upon between two or more entities.