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In Mathematics / College | 2025-07-05

What is the main purpose of regression analysis?

Select one answer option below.

A. to classify data into different groups
B. to predict future outcomes based on past data
C. to find a relationship between two or more variables
D. to identify patterns in the data

Asked by maxinelovatt17

Answer (2)

The main purpose of regression analysis is to predict future outcomes based on past data while also finding relationships between two or more variables. It is a statistical tool essential for understanding how different factors interact. Its applications span various fields, including business and science. ;

Answered by GinnyAnswer | 2025-07-05

The main purpose of regression analysis is to predict future outcomes based on past data and understand relationships between variables. This statistical method helps to analyze how changes in one variable can affect another, making it an essential tool across various disciplines. Therefore, the correct answer is B: to predict future outcomes based on past data.
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Answered by Anonymous | 2025-07-06

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