Simple Regression Differs from Multiple Regressions in That

question 93

Multiple Choice

Simple regression differs from multiple regressions in that:

• A)multiple regressions use all available data to estimate the cost function,whereas simple regression only uses simple data.
• B)simple regression is limited to the use of only the dependent variables and multiple regressions can use both dependent and independent variables.
• C)simple regression uses only one dependent variable and multiple regressions uses more than one dependent variable.
• D)simple regression uses only one independent variable and multiple regressions uses more than one independent variable.

---

Definitions:

Accessory Equipment

Auxiliary devices or attachments that are not integral to the main system but enhance its functionality or usability.

Components

The parts or elements that make up a larger system, machine, or piece of equipment.

Final Business Product

The last product offered by a business to its customers, which may have undergone several stages of development or refinement.

Production Goods

Items used in the manufacturing process to produce other goods, including raw materials, machinery, and components.