Economical Variable Analysis Quiz
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Questions and Answers

What type of data analysis focuses on determining the most economical and practical variable?

  • Multivariate Analysis
  • Cost-Effective Analysis (correct)
  • Bivariate Analysis
  • Univariate Analysis
  • Which type of analysis examines a single variable at a time?

  • Bivariate Analysis
  • Multivariate Analysis
  • Cost-Effective Analysis
  • Univariate Analysis (correct)
  • Which data analysis technique involves the study of the relationship between two variables?

  • Multivariate Analysis
  • Cost-Effective Analysis
  • Univariate Analysis
  • Bivariate Analysis (correct)
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