CHAPTER 2

Introduction to Regression Analysis

Chapter 2 Preview

When you have completed reading this chapter you will be able to:

  • Understand what simple linear regression equations look like.
  • See that you can form a general hypothesis (guess) about a relationship based on your knowledge of the situation being investigated.
  • Know how to use a regression equation to make an estimate of the value of the variable you have modeled.
  • See that line plots and scattergrams from Excel can be useful in using regression analysis.
  • Understand how both time-series and cross-sectional data can be used in regression analysis.

Introduction

Regression analysis is a statistical tool that allows us to describe the way in which one variable is related to another. ...

Get Regression Analysis now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.