In Least Squares Regression Analysis, the Cost to Be Estimated

question 51

Multiple Choice

In least squares regression analysis, the cost to be estimated is the:

• A) Independent variable.
• B) Dependent variable.
• C) Cost object
• D) Outlier.
• E) Dummy variable.

---

Definitions:

30 Simulation Runs

Refers to executing a simulation model 30 times to assess variability or estimate the reliability of the simulation results.

Math Test Scores

Numerical data representing individuals' performance levels on mathematics examinations, typically used to evaluate knowledge or proficiency.

Simulation

The imitation of the operation of a real-world process or system over time, often carried out with computer software for analysis or training purposes.

Uniform Distribution

A type of probability distribution where all outcomes are equally likely to occur.