In regression analysis, the variable -cost component that is being predicted is known as the:
A)independent variable.
B)dependent variable.
C)explanatory variable.
D)interdependent variable.
E)functional variable.

Question

Quizplus · Accepted Answer

In regression analysis, the variable being predicted or explained is known as the dependent variable. In this case, the cost component is what is being predicted, so it is the dependent variable.

In Regression Analysis, the Variable -Cost Component That Is Being