Question

Most widely used regression technique employees used to estimate the working capital is

Answer 1

Per capita income is the most widely used regression technique that employees use to estimate the working capital.

Answer 2

Answer:

Per capita income is the most widely and commonly used regression tool that employees use to simplify the working capital of that particular year.

Explanation:

In the study of statistics regression analysis is a high level statistical tool that requires high experience for understanding the relationships between two variables, one being more dependent on the other. For Example, demand and supply.

• Per capita income gives an approximate calculation of the average income of an individual earned in a given particular location or a particular period of time.
• Per capita income of a particular area can be calculated by dividing the total income of a particular area by the total population of that area.