What is regression analysis?


The analysis of coefficient of correlation finds the closeness of the variables but the regression analysis helps us to find out one variable as we know the other variable.

The given variable is independent variable and other which has to find out is called dependent variable.

Definitions– “regression is the measure of the average relationship between two or more variable if terms of the original unit of the data”

“One of the most frequently used techniques in economics and business research to bind a relation between two or more variables that are related casually is regression analysis.

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