Question

What Is The Aim Of Regression Analysis

Answer 1

Answer:

The goal in regression analysis is to create a mathematical model that can be used to predict the values of a dependent variable based upon the values of an independent variable. In other words, we use the model to predict the value of Y when we know the value of X. (The dependent variable is the one to be predicted).

Answer 2

Answer:

The main objective of regression analysis is to explain the variation in one variable (called the dependent variable), based on the variation in one or more other variables (called the independent variables). ... Predict the values of the dependent variable.