Practical Business Analytics Using R and Python: Solve Business Problems Using a Data-driven Approach

© Umesh R. Hodeghatta, Ph.D and Umesha Nayak 2023

U. R. Hodeghatta, U. NayakPractical Business Analytics Using R and Pythonhttps://doi.org/10.1007/978-1-4842-8754-5_8

8. Multiple Linear Regression

Umesh R. Hodeghatta¹   and Umesha Nayak²

(1)

South Portland, ME, USA

(2)

Bangalore, Karnataka, India

 

In Chapter 7, you explored simple linear regression, which depicts the relationship between the response variable and one predictor. You saw that the expectation is that the response variable is a continuous variable that is normally distributed. If the response variable is a discrete variable, you use a different regression method. If the response variable can take values such as yes/no or multiple discrete variables (for example, views such as strongly agree ...