This chapter provides in-depth analysis of multiple regression model. This is one of the most widely used prediction techniques used in data analysis and decision making. Multiple regression enables us to explore the relationship between a response variable, and two or more independent variables or the predictors. The multiple regression model can be used to predict a response variable using two or more predictors or independent variables. In this chapter we will:
Outline the difference between simple and multiple regression;
Explain the multiple regression model and how to establish multiple regression equation;
Use the multiple regression model to make inferences;
Assess the quality of multiple ...