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Regression

Definition of Regression:

The relationship between the mean value of a random variable and the corresponding values of one or more independent variables.

A model for predicting one variable from another.

A statistical analysis assessing the association between two variables.

Regression analysis is a method of analysis that enables you to quantify the relationship between two or more variables (X) and (Y) by fitting a line or plane through all the points such that they are evenly distributed about the line or plane.

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