Regression allows an auditor to predict a specific dependent value based on independent variable inputs.

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Quizplus · Accepted Answer

Regression analysis is a statistical technique used to investigate the relationship between a dependent variable and one or more independent variables. The result of regression analysis is a prediction of the dependent variable based on the values of the independent variables. Therefore, it allows an auditor to predict a specific dependent value based on independent variable inputs.

Regression Allows an Auditor to Predict a Specific Dependent Value