Answered

IDNLearn.com provides a collaborative environment for finding and sharing knowledge. Discover the information you need quickly and easily with our reliable and thorough Q&A platform.

What is regression analysis? when would you use it? what is the difference between simple regression and multiple regression?

Sagot :

Sakshigupta4990idn

Regression analysis is a common statistical technique used in finance and investment. Linear regression is one of the most common regression analysis techniques.

The difference between simple regression and multiple regression is a broader class of regression that includes linear and nonlinear regression with multiple explanatory variables.

A simple linear regression has only one x and y variable. Multiple linear regression has one y variable and two or more x variables. For example, predicting rent based only on square feet is a simple linear regression.

Regression analysis is usually performed for one of two purposes: to predict the value of the dependent variable for people for whom some information about the explanatory variable is available, or to estimate the effect of the explanatory variable on the dependent variable. is.

Learn more about Regression analysis at

https://brainly.com/question/7781679

#SPJ4

Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Your questions deserve accurate answers. Thank you for visiting IDNLearn.com, and see you again for more solutions.