Write a note on regression analysis.
Answers
hey mate here's ur ans ^_^
We can write D = A – BP, where D is, the demand which is the dependent variable, P is the unit price of the commodity, an independent variable. It is an example of a simple linear regression equation.
hope it helpzz uhh
@Gunjal
In statistical modeling, regression analysis is a set of statistical processes for estimating the relationships among variables. It includes many techniques for modeling and analyzing several variables, when the focus is on the relationship between a dependent variable and one or more independent variables (or 'predictors'). More specifically, regression analysis helps one understand how the typical value of the dependent variable (or 'criterion variable') changes when any one of the independent variables is varied, while the other independent variables are held fixed.