What is regersion?

Answer 1

Regression is a statistical method used to analyze the relationship between a dependent variable and one or more independent variables. It helps in predicting the value of the dependent variable based on the values of the independent variables. Common types of regression include linear regression, which models the relationship with a straight line, and multiple regression, which involves multiple predictors. It is widely used in various fields, including economics, Biology, and Social Sciences, for forecasting and understanding relationships between variables.