Multiple Choice
As part of an audit data analytics (ADA) procedure, some steps that might be used for regression analysis are:
A) Estimate the prediction equation using data that is not currently being audited (usually historical data)
B) Validate the prediction equation from a statistics point of view
C) Use the regression equation to make predictions for the data being currently audited
D) All these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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