The REGRESS.lng Model

Linear Regression

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Linear Regression is a forecasting technique used to predict the value of one variable (called the dependent variable) based upon the value of one or more other variable (the independent variables).

Our example is a simple linear regression model with one independent variable. The data is fit to a linear equation of the form:

whereY( i)=CONS+SLOPE*X( i)

For our example, the dependent variable,

Keywords:

Marketing | Forecasting | Probabilities | Uncertainty | Sales | Regression | Linear Regression |