Q431
An estimation of relationship between two or more independent variables and dependent variable is classified as
A.
One variable series
B.
multiple regression
AnswerC.
simple regression
D.
Two way regression
Answer: Option B
Solution
Answer: Option B
Solution:
An estimation of relationship between two or more independent variables and dependent variable is classified as multiple regression. Multiple regression is an extension of simple linear regression. It is used when we want to predict the value of a variable based on the value of two or more other variables.