Regression analysis is _______.
A)a non-statistical process which involves estimating a prediction equation that expresses an item of interest (commonly known as the y or dependent variable) in terms of other data fields (the x or independent variables).
B)a statistical process which involves estimating a prediction equation that expresses an item of interest (commonly known as the y or dependent variable) in terms of other data fields (the x or independent variables).
C)a non-statistical process which involves estimating a prediction equation that expresses an item of interest (commonly known as the x or dependent variable) in terms of other data fields (the y or independent variables).
D)a statistical process which involves estimating a prediction equation that expresses an item of interest (commonly known as the x or dependent variable) in terms of other data fields (the y or independent variables).

Question

Quizplus · Accepted Answer

Regression analysis is a statistical process that involves estimating a prediction equation that expresses an item of interest (commonly known as the y or dependent variable) in terms of other data fields (the x or independent variables). Therefore, option B is the correct choice. The other options are incorrect as they either mention non-statistical processes or incorrectly define the dependent and independent variables.

Regression Analysis Is _______