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A Regression analysis creates a mathematical function that predicts the value of the dependent variable on the basis of the independent variable.
What is a Regression analysis?
This refers to the powerful statistical method that allows a user to examine the relationship between two or more variables of interest.
Despite that we have many types of regression analysis, their core function all examine the influence of one or more independent variables on a dependent variable.
Hence, the Regression analysis creates a mathematical function that predicts the value of the dependent variable on the basis of the independent variable.
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