Regression analysis uses ________ to fit a cost function to all the historical data.
A) visual placement
B) engineering analysis
C) statistical analysis
D) activity analysis

Question

Quizplus · Accepted Answer

Regression analysis uses statistical analysis to analyze data and fit a cost function to all the historical data. This involves analyzing the relationship between the dependent variable (usually cost) and one or more independent variables. Statistical techniques are used to find the best fit for the cost function.

Regression Analysis Uses ________ to Fit a Cost Function to All