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Multiple Regression - Coursework Example

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There is a difference between simple regression and multiple regression. Simple regression analysis is used to establish the relationship between one variable and the other. One set of the variables is the dependent variable and the other set is the independent variable. …
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Multiple Regression
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Download file to see previous pages Simple regression analysis is used to establish the relationship between one variable and the other. One set of the variables is the dependent variable and the other set is the independent variable. The independent variable changes and in turn affects the dependent variable. Simple regression is used to establish whether or not indeed the independent variable determines the change that takes place in the dependent variable. It is also used to establish the way in which the two variables are related, such that on having one of the variables, it is possible to predict its corresponding value using the determined regression formula. On the other hand, multiple regressions is used to establish the relationship between one dependent variable and more than one independent variables. In this case, the dependent variable is affected directly by more than one independent variable and the manner in which it is affected is established by the multiple regression analysis. This analysis comes up with a formula which can be used to predict the value of the dependent variable given a set of corresponding independent variables.
It is not possible to conduct multiple regression analysis using only the data that I have been collecting as shown above. Multiple regression analysis is used in the case where the dependent variable is affected directly by the more than one independent variables. ...Download file to see next pagesRead More
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