Bivariate Regression
\nRegression analysis is a powerful and commonly used tool in business research. One important step in regression is to determine the dependent and independent variable(s).
\nIn a bivariate regression, which variable is the dependent variable and which one is the independent variable?
\nWhat does the intercept of a regression tell? What does the slope of a regression tell?
\nWhat are some of the main uses of a regression?<\/p>\n
Provide an example of a situation wherein a bivariate regression would be a good choice for analyzing data.
\nJustify your answers using examples and reasoning. Comment on the postings of at least two peers and state whether you agree or disagree with their views.
\nTypes of Regression Analyses
\nThere are two major types of regression analysis\u2014simple and multiple regression analysis. Both types consist of dependent and independent variables. Simple linear regression has two variables\u2014dependent and independent. Multiple regression consists of dependent variable and two or more independent variables.
\nHow does a multiple regression compare with a simple linear regression?
\nWhat are the various ways to determine what variables should be included in a multiple regression equation?<\/p>\n
Compare and contrast the following processes: forward selection, backward elimination, and stepwise selection.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bivariate Regression Regression analysis is a powerful and commonly used tool in business research. One important step in regression is to determine the dependent and independent variable(s). In a bivariate regression, which variable is the dependent variable and which one Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-16641","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/16641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=16641"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/16641\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=16641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=16641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=16641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}