Home » IIA » IIA-CIA-Part3 » A regression equation:
A regression equation:
A. Estimates the dependent variables.
B. Encompasses factors outside the relevant range.
C. Is based on objective and constraint functions.
D. Estimates the independent variable.
Correct Answer: A
Explanation/Reference:
Explanation:
Regression analysis is used to find an equation for the linear relationship among variables. The behavior of the dependent variable is explained in terms of one or more independent variables. Regression analysis is often used to estimate a dependent variable (such as cost) given a known independent variable (such as production).
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