It is often more important to find out what the relation actually is, in order to estimate or product one variable and the statistical technique appropriate to such a case is called
A. Regression analysis
B. Average
C. Correlation analysis
D. Mean
Answer: Option A
Related Questions on Business Statistics
In statistical analysis, the burden of proof lies traditionally with
A. alternative hypothesis
B. null hypothesis
C. analyst
D. facts
A. Target fixing
B. Markets
C. Business forecasting for products
D. All of the above
A. Statements I and II are true
B. Statement II is true
C. Statements II and III are true
D. Statement III is true
A. Transaction processing
B. Application processing
C. Data processing
D. Information processing
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