Blaise Pascal invented the statistical method known as regression. False. The author learned through the reading that adding a bathroom increases home prices more than adding a bedroom does.
What does a statistical regression mean?
A statistical method called regression links a dependent variable to one or more independent (explanatory) variables.
A regression model can demonstrate whether changes in one or more of the explanatory variables are related to changes in the dependent variable.
What does regression mean?
Regress, from which the word "regression" is derived, means "to go back" in Latin (to something).
Regression is the method that, in this way, enables "going back" from muddled, challenging-to-interpret data to a clearer and more understandable meaningful model.
