Jonathan believes there is a relationship between the number of miles driven by his company's delivery vehicles and the number of physical damage claims that will occur. Jonathan collected data on the number of claims and the number of miles driven for the past 15 years. Using a computer, Jonathan determined the coordinates of a line that best fit these data. Armed with this information, he can predict how many losses will occur next year. The type of analysis that Jonathan employed is called
a. probability analysis.
b. cash flow analysis.
c. time value of money analysis.
d. regression analysis.
d. regression analysis.
Business
You might also like to view...
An improperly recorded mortgage or deed of trust is effective against subsequent purchasers of the subject real property.
Answer the following statement true (T) or false (F)
Business
Stimulus discrimination is a learned ability to differentiate among similar products.
Answer the following statement true (T) or false (F)
Business
What is the principal historical reason for the creation of organizations?
What will be an ideal response?
Business
In S/MIME each conventional key is used a total of three times
Indicate whether the statement is true or false.
Business