The mathematical equation that explains how the dependent variable y is related to several independent variables x₁, x₂, …, xp and the error term ε is A) a simple nonlinear regression model. B) a multiple regression model. C) an estimated multiple regression equation. D) a multiple regression equation.

Question

Quizplus · Accepted Answer

The equation that describes how the dependent variable is related to several independent variables is a multiple regression model. This is because it involves more than one independent variable.

The Mathematical Equation That Explains How the Dependent Variable Y