Answered: What are some important applications of…

Math

Statistics

What are some important applications of regression analysis in the real world?

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.8: Fitting Exponential Models To Data

Problem 3SE: What is regression analysis? Describe the process of performing regression analysis on a graphing...

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Question

What are some important applications of regression analysis in the real world?

Definition Definition Statistical method that estimates the relationship between a dependent variable and one or more independent variables. In regression analysis, dependent variables are called outcome variables and independent variables are called predictors.

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