Type of variable in regression analysis, Applied Statistics

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Type of Variable in Regression Analysis

There are two types of variable in regression analysis. These are:

a.      Dependent variable

b.      Independent variable

Dependent variable is one whose value is influenced or predicted while independent variable is one which influences the value or used for prediction of other variable. Independent variable is also known as regress or predictor or explainer while the dependent variable is also termed as regressed predicted or explained variable.


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