The goal of regression analysis is to predict a value for the ...

[Mr. Wonderful]

The goal of regression analysis is to predict a value for the independent variable based on knowledge of the dependent variable.
 
 Indicate whether the statement is true or false

Question 2

A researcher is reviewing average household income data and sees that one household reported an annual income of over 1 million. This value lies outside the normal range of the data and is called a(n) _____.
 a. abnormality
  b. marginal
  c. outlier
  d. quartile

[tsternbergh47]

Answer to Question 1

F
It is just the reverse, predicting a dependent variable based on knowledge of an independent variable.

Answer to Question 2

C

[Mr. Wonderful]

Thanks for the timely response, appreciate it

[gcook]

Wow, this really help