Show Recommended textbook solutions Foundations of Microeconomics7th EditionMichael Parkin, Robin Bade 533 solutions Essentials of Investments8th EditionAlan J. Marcus, Alex Kane, Zvi Bodie 663 solutions Krugman's Macroeconomics for AP*2nd EditionDavid Anderson, Margaret Ray 608 solutions Explorations in Economics1st EditionAlan Krueger 1,281 solutions What is the variable being predicted in the regression analysis?The variable whose value is to be predicted is known as the dependent variable and the one whose known value is used for prediction is known as the independent variable.
What is the dependent variable called in regression analysis?The outcome variable is also called the response or dependent variable, and the risk factors and confounders are called the predictors, or explanatory or independent variables. In regression analysis, the dependent variable is denoted "Y" and the independent variables are denoted by "X".
How do you predict a dependent variable?The predicted value of the dependent variable, Y , is determined using the following formula:. ^Y=ˆb0+ˆb1X.. ^Y=0.070953−0.90405Xi.. Prediction Interval= ^Y±tcsf.. Prediction Interval=ˆY±tcSf.. ˆY=0.0710−0.9041X.. Prediction Interval (PI)=ˆY±tcSf.. What regression analysis only independent variable is used to explain the dependent variable?
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In a regression analysis, the variable that is used to predict the dependent variable ______.
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