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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › statistical techniques
Please how do I determine what will be x and what counterpart will be y. Please help my CBE is on 21st December
I assume that you are asking in respect of regression analysis (which is not the only statistical technique in the syllabus!).
y is the variable that depends on the other variable (x).
So if, for example, you are finding a relationship between the sales and the amount spent on advertising, it is the level of sales that will depend on the amount of advertising, so sales will be y and advertising will be x.
I do suggest that you watch our free lectures – they are a complete course for Paper F2 and cover everything you need to be able to pass the exam well.