Asked by Isabel Sanchez on May 07, 2024
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Linear-regression analysis is a straight-line mathematical model to describe the functional relationships between independent and dependent variables.
Linear-Regression Analysis
A straight-line mathematical model to describe the functional relationships between independent and dependent variables.
Independent Variables
Variables in statistical or mathematical modeling that are manipulated or changed to assess their effect on dependent variables.
Dependent Variables
Variables in an experiment or study whose changes depend on the effects of other variables (independent variables).
- Discern the effect of a trend projection equation's slope on forecasts of future values.
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Learning Objectives
- Discern the effect of a trend projection equation's slope on forecasts of future values.
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