![]() ![]() Regression is a statistical tool to predict the dependent variable with the help of one or more independent variables. Therefore, the formula for calculation is Y = a + bX + E, where Y is the dependent variable, X is the independent variable, a is the intercept, b is the slope, and E is the residual. Regression analysis is the relationship between dependent and independent variables as it depicts how dependent variables will change when one or more independent variables change due to factors.
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