Answer:
True
Step-by-step explanation:
In regression analysis, it tries to infer that there is a supposed relationship between two or more variables.
Now it has a couple of functions such as;
It allows us to directly estimate the parameters in linear functions only, although there are some other ways in which it would allow many non - linear functional forms to get estimated indirectly.
Regression also allows us to test and find out if there is a functional relationship between two or more variables. This is done by testing the hypothesis whether each of the slopes have a value of zero.
Thus, from the definitions given, we can see that regression is a basically a functional relationship between two or more variables, where one or more variables are used to predict a single variable of interest.
Thus, the given statement is true.
