Question & Answer: In regression, the dependent variable is the actual data the period the forecast none…..

In regression, the dependent variable is the actual data the period the forecast none of the answers are correct

Expert Answer

In regression analysis, relationship between two or more variables is determined. The variable whose value is to be predicted is known as dependent variable and the variables depending on which forecasting is done are known as independent variables. For example, in the study of the effect on the advertising budget on the sales revenue, the sales revenue is dependent variable. As the sales revenue will be depend on the how much budget is allocated for advertising. Thus, in the regression analysis the dependent variable is the forecast.

ANS: the forecast

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