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Regression |
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RegressionA mathematical technique used to explain and/or predict. The general form is Y = a + bX + u, where Y is the variable that we are trying to predict; X is the variable that we are using to predict Y, a is the intercept; b is the slope, and u is the regression residual. The a and b are chosen in a way to minimize the squared sum of the residuals. The ability to fit or explain is measured by the R-square.Regression Similar MatchesRegression analysisRegression analysisThe statistical technique of finding a straight line that approximates the information in a group of data points. Used throughout empirical economics, including in both international trade and finance. Regression toward the meanRegression toward the meanThe tendency that a random variable will ultimately have a value closer to its mean value. Linear regressionLinear regressionA statistical technique for fitting a straight line to a set of data points. Simple linear regressionSimple linear regressionA regression analysis between only two variables, one dependent and the other explanatory. Regression analysisRegression analysisA statistical technique that can be used to estimate relationships between variables. Further SuggestionsRegression equationSecond pass regression First pass regression Regression coefficient Multiple regression regression analysis |
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