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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.
What is an interaction? Describe an example and identify the variables within your population (work, social, academic, etc.) for which you might expect interactions?
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