Which of the following is an alternative name for the cost being predicted in a regression analysis?
A) Dependent variable
B) Independent variable
C) Beta
D) Slope

Question

Quizplus · Accepted Answer

The cost being predicted is the outcome variable, which is also referred to as the dependent variable in regression analysis. The independent variable(s) (also known as predictors or regressors) are used to explain or predict the outcome variable. Beta and slope are coefficients in the regression equation that help determine the relationship between the independent and dependent variables.

Which of the Following Is an Alternative Name for the Cost