As the explanatory variable increases, the response variable increases
the variable age has discriptive value but not necessarily explanatory value.
The independent (or explanatory) variable is changed to test the prediction,
independent variable called also predictor variables,explanatory variables,manipulated variables etc.
True
An explanatory variable is one which may be used to explain or predict changes in the values of another variable. There may be several explanatory variables.
Explanatory and Response variables are just fancy words for independent and dependent variables. Explanatory is the independent variable and response is the dependent variable.
explanatory variable
As the explanatory variable increases, the response variable increases
the variable age has discriptive value but not necessarily explanatory value.
The independent (or explanatory) variable is changed to test the prediction,
X-axis
No. It shows changes in the response variable against changes in the explanatory (or independent) variable(s).
independent variable called also predictor variables,explanatory variables,manipulated variables etc.
Explanatory variable apex
Casual forecasting is mainly concerned with finding a cause-effect relationship between the explanatory variables and the variable to be predicted. After a proper relationship is identified the independent variable can be forecasted by using the future values of the explanatory variables.
designed experiment