What does the intercept of a regression tell

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Assignment - Bivariate Regression Questions

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.

Justify your answers using examples and reasoning.

Reference no: EM133237809

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