What is regression?
A) A statement about what will happen or might happen in the future such as future sales or employee turnover
B) A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste
C) Predictions based on time-series information
D) A statistical process for estimating the relationships among variables

Question

Quizplus · Accepted Answer

Regression is a statistical process used to estimate the relationships among variables, often to understand how the typical value of the dependent variable changes when any one of the independent variables is varied.

What Is Regression