Which Type of Analysis Involves Three or More Variables

question 46

Multiple Choice

Which type of analysis involves three or more variables?

• A) univariate statistical analysis
• B) bivariate statistical analysis
• C) multivariate statistical analysis
• D) all of these choices

---

Definitions:

Realisation Rate

The percentage of billable hours or the revenue earned out of the total available hours or potential revenue, often used to measure the efficiency and profitability of professional services.

Chargeout Rate

The price charged by a business or professional for their services, often calculated to cover costs and generate profit.

Realisation Rate

The percentage of billable time or work that is actually charged or billed to clients, often used in professional services to evaluate profitability.

Profit Margin

A financial metric expressing the percentage of revenue that remains as profit after all expenses have been accounted for.