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What does the intercept of a regression tell

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Reference no: EM131898402

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.

Reference no: EM131898402

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