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What is regression analysis?

Updated: 10/6/2022
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In statistics, regression analysis is a statistical process for estimating the relationships among variables. It includes many techniques for modeling and analyzing several variables, when the focus is on the relationship between a dependent variable and one or more independent variables.

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Q: What is regression analysis?
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What is the role of the stochastic error term in regression analysis?

Regression analysis is based on the assumption that the dependent variable is distributed according some function of the independent variables together with independent identically distributed random errors. If the error terms were not stochastic then some of the properties of the regression analysis are not valid.


What is heteroscadacity?

In regression analysis , heteroscedasticity means a situation in which the variance of the dependent variable varies across the data. Heteroscedasticity complicates analysis because many methods in regression analysis are based on an assumption of equal variance.


What are some example sentences for regression?

The marine regression analysis showed that the new subdivision was responsible for the coastline erosion.The wrinkle cream showed a regression in age lines.


What is the meaning of analysis of covariance?

A mix of linear regression and analysis of variance. analysis of covariance is responsible for intergroup variance when analysis of variance is performed.


What is the importance of correlation and regression analysis in business decision making?

Correlation and regression analysis can help business to investigate the determinants of key variables such as their sales. Variations in a companies sales are likely to be related to variation in product prices,consumers,incomes,tastes and preference's multiple regression analysis can be used to investigate the nature of this relationship and correlation analysis can be used to test the goodness of fit. Regression can also be used to estimate the trend in a time series to make forecast

Related questions

What does one have to do before a regression analysis?

Before undertaking regression analysis, one must decide on which variables will be analysed. Regression analysis is predicting a variable from a number of other variables.


What is the adjective of the word regression?

of, pertaining to, or determined by regression analysis: regression curve; regression equation. dictionary.com


What is the difference between classical regression analysis and spatial regression analysis?

how can regression model approach be useful in lean construction concept in the mass production of houses


Who is the founder of regression analysis?

Galtan


What is a regression analysis?

Regression analysis is a statistical technique to measure the degree of linear agreement in variations between two or more variables.


What has the author Howard E Doran written?

Howard E. Doran has written: 'Applied regression analysis in econometrics' -- subject(s): Econometrics, Regression analysis


What has the author Peihua Qiu written?

Peihua Qiu has written: 'Image processing and jump regression analysis' -- subject(s): Regression analysis, Image processing


What is the advantages and disadvantages of regression analysis?

ffhdh


What has the author ROGER KOENKER written?

ROGER KOENKER has written: 'L-estimation for linear models' -- subject(s): Regression analysis 'L-estimation for linear models' -- subject(s): Regression analysis 'Computing regression quantiles'


What is the role of the stochastic error term in regression analysis?

Regression analysis is based on the assumption that the dependent variable is distributed according some function of the independent variables together with independent identically distributed random errors. If the error terms were not stochastic then some of the properties of the regression analysis are not valid.


What is heteroscadacity?

In regression analysis , heteroscedasticity means a situation in which the variance of the dependent variable varies across the data. Heteroscedasticity complicates analysis because many methods in regression analysis are based on an assumption of equal variance.


What has the author A L Wilson written?

A. L. Wilson has written: 'A regression manual' -- subject(s): Regression analysis