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Commerce · Q404

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 404

Q404

In calculating the regression equation linking two variables, the standard formulae for the regression coefficients are given in terms of X and Y. Which of the following is true?

A.
X must be the variable which will be forecast
B.
It does not matter which variable is which
C.
Y must be the dependent variable
Answer
D.
Y must be the variable shown on the vertical axis of a scatter graph

Answer: Option C

Solution

Answer: Option C
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