It can be highly beneficial for companies to develop a forecast of the future values of some important metrics, such as demand for its product or variables that describe the economic climate. There ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J Catalano is a CFP and Registered Investment ...

Linear regression is a powerful and long-established statistical tool that is commonly used across applied sciences, economics and many other fields. Linear regression considers the relationship ...

Regression is a statistical tool used to understand and quantify the relation between two or more variables. Regressions range from simple models to highly complex equations. The two primary uses for ...

In order to introduce the concepts underlying multiple linear regression, it is necessary to be familiar with and understand the basic theory of simple linear regression on which it is based.