The analysis technique that involves seeing how a dependent variable might change when one or more independent variables changes, such as to see if a customer can be cross-sold or up-sold at the point of purchase is known as:
A) Purchase analysis
B) Regression analysis
C) Descriptive analysis
D) Time series analysis
E) Simulation analysis

Question

Quizplus · Accepted Answer

Regression analysis is used to understand the relationship between a dependent variable and one or more independent variables, making it suitable for predicting changes in the dependent variable based on changes in the independent variables.

The Analysis Technique That Involves Seeing How a Dependent Variable