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Question: State which of the following statement(s) is/are true. I. Regression analysis is a measure of the relationship between two variables. II. In regression analysis, there are two types of variables, regressor variable and regressed variable. III. The line of regression is the line of "best fit". IV. There are always two lines of regression. A ) all are correct B ) II, III and IV only C ) I and II only D ) I, II and III only Steps to derive 1 Regression analysis is a mathematical measure of the average relationship between two or more variables in terms of the original units of the data. So, statement I is correct.2 In regression analysis there are two types of variables. The variable whose value is influenced or is to be predicted is called dependent variable and the variable which influences the values or is used for prediction is called the independent variable. Independent variable is also known as regressor or predictor or explanatory varaible while the dependent variable is also known as regressed or explained variable. So, statement II is correct.3 The line of regression is the line which gives the best estimate to the value of one variable for any specific value of the other variable. Then the line of regression is the line of "best fit". So, statement III is correct.4 There are always two lines of regression, one of y on x and the other of x on y . The line y on x is used to estimate or predict the value of y for any value of x . So, statement IV is correct.5 So, all the statements are correct.Hence the right answer is Option A Click Here To Go Back Few Other Questions - Simplify: 15⋅15.. Simplify: 128⋅30.. Simplify: 20⋅75.. Simplify: 163⋅523.. Simplify: 25y⋅5y.. Simplify: 722.. Simplify: - 232.. Simplify: 5(17 + 87).. Simplify: - 2(193 - 4183).. Simplify: 5 + 1313.. Simplify: 3(27 + 2).. Simplify: 5(605 - 52 +7).. Simplify: 643⋅1523.. 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