2. A Regression is the study of the
nature of relationship between the
variables.
So that one may be able to predict
the unknown value of one variable
for a known value of another
variable.
3. Regression is the measure of the
average relationship between two or
more variables…………According
to M.M. Blair
4. Mathematical method for determining the
best equation that reproduces a data set
Regression method applied with a linear
model (straight line)
Uses:
Prediction of new x, y values
understanding data behavior
Verification of hypotheses/ physical laws
8. CORRELATION REGRESSION
In correlation analysis the
degree and direction of
relationship between the
variables are studied.
If value of one variable is
known the value of other
variable cannot be estimated.
Correlation coefficient is
independent of change of
change of origin and scale
Correlation coefficient lies
between -1 to +1.
In regression analysis the
nature of relationship is
studied.
If value of variable is known
the value of other variable can
be estimated using the
functional relationships.
Regression coefficient is
independent of change of
origin but not scale.
Only one regression
coefficient can be greater then
1.