Amongst which of the following is (2024)

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5. Amongst which of the following is / are the true about regression analysis?

1. Describes associations within the data
2. Modeling relationships within the data
3. Answering yes/no questions about the data
4. All of the mentioned above

Answer: B) Modeling relationships within the data

Explanation:

Regression analysis is used to describe relationships within data, and so it is a collection of statistical methods for estimating relationships between a dependent variable and one or more independent variables. There are various types of regression analysis, including linear, multiple linear, and nonlinear. Simple linear and multiple linear models are the most frequent. Nonlinear regression analysis is typically employed for more difficult data sets with a nonlinear connection between the dependent and independent variables.