Regression analysis is used to:

A Sort data alphabetically

B Model the relationship between a dependent variable and one or more independent variables

C Create pie charts

D Collect survey data

✓ Correct Answer: Option B

Regression: estimates the relationship Y = f(X). Simple linear: Y = a + bX. Multiple regression: Y = a + b1X1 + b2X2 + ... R-squared measures goodness of fit.

💡 Why is B) the correct answer?

The correct answer to the question "Regression analysis is used to:" is Option B: Model the relationship between a dependent variable and one or more independent variables.

The other options — A) Sort data alphabetically, C) Create pie charts, D) Collect survey data — are incorrect for this Pre-MBA Exam Prep question. As explained above: Regression: estimates the relationship Y = f(X). Simple linear: Y = a + bX. Multiple regression: Y = a + b1X1 + b2X2 + ... R-squared measures goodness of fit.

📚 About This Pre-MBA Exam Prep Practice Question

This 2-level Pre-MBA Exam Prep question from the Statistics topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free Pre-MBA Exam Prep practice test or use flashcards for spaced repetition review.

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Regression analysis is used to:

✓ Correct Answer: Option B

📚 About This Pre-MBA Exam Prep Practice Question

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