Strategic Planning - 1

Question 1

Multiple Regression differs from simple regression in that it:

Answer 1

Has more independent variables

Question 2

What is an independent variable

Answer 2

It is the variable that is changing in order to determine the dependent variable. Ex. Total Activity

Question 3

What is a dependent variable

Answer 3

It is the variable we are trying to explain and depends on the independent variable. Often is total costs.