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:

Deductive Reasoning

An analytic approach where an outcome is concluded from the synchronization of several bases presumed to be true.

Inductive Reasoning

A method of reasoning in which general conclusions are drawn from specific observations or instances.

Divergent Thinking

An approach or technique adopted to produce innovative ideas through the examination of numerous potential answers.

Convergent Thinking

A cognitive process in which multiple pieces of information are combined to solve a problem or come up with a single, correct solution.