In Regression Analysis, the Variable That Is Being Predicted Is

question 56

Multiple Choice

In regression analysis, the variable that is being predicted is:

• A) the independent variable.
• B) the dependent variable.
• C) the explanatory variable.
• D) the dependent variable AND the explanatory variable.

---

Definitions:

Inventory Shrinkage

The loss of products due to factors like theft, damage, or error, which leads to a discrepancy between recorded inventory and actual stock.

Lost Or Stolen Goods

This term refers to inventory items that are missing due to theft or misplacement and represent a loss to the business.

Sales Returns and Allowances

A reduction in sales revenue that occurs when customers return products or receive discounts for unsatisfactory goods.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period, providing insight into operational efficiency.