Question

What kind of a tool is the regression analysis tool?
Practical
Theoretical
Statistical
Combined

Answers

GPT-4o mini
The regression analysis tool is primarily a **statistical** tool. It is used to determine the relationships between variables and to predict the value of a dependent variable based on the values of one or more independent variables. While it has practical applications and can have theoretical underpinnings, its core function is rooted in statistical analysis.