Is regression is typically carried out to develop a mathematical model of the process?
Answers
Thank you for asking this question. Here is your answer:
The regression analysis is used to predict the values which are also known as dependent variables and these are based on the independent variables. And this relationship is either known as straight line or linear. It is used to create a mathematical model.
It is basically used to explore the relationship between the dependent and independent variables.
If there is any confusion please leave a comment below.
Answer:
Regression:
In Statistics We use regression analysis which is basically Used for relationships among between the variables. There are so many techniques but when we are talking about the dependent and independent variables relationship then regression technique is used. It tells that how changing of one variable effects the other variable.
Regression analysis is not typically used for mathematical modelling instead it is widely used for prediction and forecasting, where its use has substantial overlap with the field of machine learning. Regression is also used to develop an understanding of independent variables and how they are related to dependent variables. So actually it is always related to the dependent variables and their effects .