regression analysis JUST WRITTEN FOR YOU
/rɛˌɡrɛˈsɪʊ ˌænəˈlaɪsɪs/ · regres·sion an·a·ly·sis
noun
- A statistical method used to model the relationship between variables, often used to predict future outcomes based on past data. The researcher used regression analysis to identify the key factors influencing the company's stock prices.
- A type of statistical modeling that involves identifying patterns and relationships between variables, often used in fields such as economics and social sciences. The economist applied regression analysis to understand the impact of government policies on the economy.
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Did you know? Regression analysis has been widely used in various fields, including economics, social sciences, and medicine, to identify patterns and relationships between variables, and to make predictions about future outcomes.