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Linear regression analysis is used to predict the value of a variable based on the value of another variable

6. Linear regression analysis is used to predict the value of a variable based on the value of another variable.

  1. True
  2. False

Answer: A) True

Explanation:

Linear regression analysis predicts the value of one variable depending on the value of another. The variable we wish to forecast is referred to as the dependent variable. The variable we are utilizing to predict the value of the other variable is referred to as the independent variable.

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