Question

The equation that describes how the dependent variable (y) is related to the independent variable (x) is called _________.a. the correlation model b. the regression model c. correlation analysis d. None of these answers is correct.

Answer 1

b. the regression model

Explanation:

A regression model is actually used to investigate the relationship between two variables or more. In other words to estimate one variable based on the other.

For example, the level of advertising expenses in a automobile company,say y(dependable variable) is subject to the demand for automobile products,say x(independable variable).