What is the most commonly used statistical method for analyzing data?
- regression analysis
- mean estimation
- mean analysis
- sample proportion
Explanation: Regression analysis is the most commonly used statistical method for analyzing data and there are many regression models available. Regression analysis can look for correlations between one predictor variable and one target variable or for correlations between more than one predictor variable and a target variable.
Exam with this question: Big data & Analytics Chapter 4 Quiz Answers – Advanced Data Analytics and Machine Learning
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