________ is an example of multivariate analysis in which relationship exists between a dependent variable and independent variable/variables.
Answers
Partial Least Squares Regression is an example of multivariate analysis .
Regression analysis, like most multivariate statistics, allows you to infer that there is a relationship between two or more variables. These relationships are seldom exact because there is variation caused by many variables, not just the variables being studied.
[Simple regression and least squares method] :-
In estimating the unknown parameters of the population for the regression line, we need to apply a method by which the vertical distances between the yet-to-be estimated regression line and the observed values in our sample are minimized. This minimized distance is called sample error, though it is more commonly referred to as residual and denoted by e. In more mathematical form, the difference between the y and its predicted value is the residual in each pair of observations for x and y.