Which Statement Is Not True About Regression Analysis

question 20

Multiple Choice

Which statement is not true about regression analysis?

• A) The terms dependent or criterion variables,and independent or predictor variables in regression analysis do not imply that the criterion variable is dependent on the independent variables in a causal sense.
• B) Regression can be used to predict the values of the dependent variable.
• C) Regression analysis can be used to determine if color preference is related to product size and price.
• D) Regression analysis is a powerful and flexible procedure for analyzing associative relationships between a metric dependent variable and one or more independent variables.

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Definitions:

Government Securities

Financial instruments issued by a government to finance its activities, generally considered low-risk investments.

Quantity Of Money

The total amount of money available in an economy at a specific time, including both physical currency and digital balances.

Change The Tax Rate

Altering the percentage at which income, property, or sales are taxed by a governmental entity.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they take from a country's central bank or Federal Reserve.