Question

Regression analysis is a statistical procedure for developing a mathematical equation that describes how

Answer 1

Answer:

Correct answer: Regression analysis is a statistical procedure for developing a mathematical equation that describes how we can to estimate the relationships between variables.

Explanation:

The regression analysis encompasses a set of statistical methods that we use when both the response variable and the predictive variable (s) are continuous and we want to predict values of the first based on observed values of the second . In essence, the regression analysis consists of adjusting a model to the data, estimating coefficients from the observations, in order to predict values of the response variable from one (simple regression) or more variables (multiple regression) Predictive or explanatory.