Explain correlation and regression concepts
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Regression and correlationanalysis: Regression analysis involves identifying therelationship between a dependent variable and one or more independent variables. A model of the relationship is hypothesized, and estimates of the parameter values are used to develop an estimated regressionequation.
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Regression to the mean is the phenomenon that occurs when the next generation, or offspring values, regresses to the overall mean of the population. Extreme traits are not increased or decreased in measure, but trend back to the average.
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