The statement “The global population increases by about 80 million people per year” is based on the results of a regression model that uses the global population as the outcome (Y) variable and time as the predictor (X) variable. What type of regression model was used from the below:
Linear regression model
Exponential regression model
Logarithmic regression model
Power regression model
Ans:
Correct option is:
Linear regression model
As,global population is linearly dependent on time,as we are given that population grows by about 80 million per year.
The statement “The global population increases by about 80 million people per year” is based on...
he statement “Over the past several years, our organization’s budget has increased about 6 percent every year” is based on the results of a regression model that uses budget as the outcome (Y) variable and time as the predictor (X) variable. What type of regression model was used? Need to know which is the answer: Linear regression model Exponential regression model Logarithmic regression model Power regression model
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