With the regression function, the area of variation that represents unexplained changes is
A) seasonal.
B) noise.
C) trend line.
D) economic.
E) cyclical.

Question

Quizplus · Accepted Answer

Noise represents the unexplained changes or random variations in a regression function that cannot be attributed to the variables being studied. It encompasses all the irregularities and fluctuations that the model cannot predict or explain.

With the Regression Function, the Area of Variation That Represents