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Bivariate regression-what does intercept of regression tell

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Bivariate Regression

Regression analysis is a powerful and commonly used tool in business research. One important step in regression is to determine the dependent and independent variable(s).

In a bivariate regression, which variable is the dependent variable and which one is the independent variable?

What does the intercept of a regression tell? What does the slope of a regression tell?

What are some of the main uses of a regression?

Provide an example of a situation wherein a bivariate regression would be a good choice for analyzing data.

Needs to be in APA format with in-text citations and no wiki websites.

Types of Regression Analyses

There are two major types of regression analysis-simple and multiple regression analysis. Both types consist of dependent and independent variables. Simple linear regression has two variables-dependent and independent. Multiple regression consists of dependent variable and two or more independent variables.

How does a multiple regression compare with a simple linear regression?

What are the various ways to determine what variables should be included in a multiple regression equation?

Compare and contrast the following processes: forward selection, backward elimination, and stepwise selection.

Reference no: EM132878891

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