The device used to estimating the value of one variable from the value of the other consists of a line through the points, drawn in such a manner as to represent the average relationship between the two variables, such a line is called the
A. Mode
B. Average
C. Regression
D. Correlation
Answer: Option C
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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