Regression Analysis Is Used for Prediction,while Correlation Analysis Is Used

question 147

True/False

Regression analysis is used for prediction,while correlation analysis is used to measure the strength of the association between two numerical variables.

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Definitions:

Nonprofit Corporation

An organization that operates for a charitable, educational, cultural, or social purpose rather than for profit.

Members

Individuals who are part of a group, organization, or body, often with certain rights and responsibilities.

Promoter

A person or entity that initiates the establishment of a company by finding investors, preparing contracts, and registering the business.

Reimburse

To reimburse is to pay back or compensate someone for expenses they have incurred.