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Posted: July 13th, 2022
Bivariate Regression
Regression analysis is a powerful and commonly used tool in business research. One important step in regression is to determine the dependent and independent variable(s).
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In a bivariate regression, which variable is the dependent variable and which one is the independent variable?
Provide an example of a situation wherein a bivariate regression would be a good choice for analyzing data.
Justify your answers using examples and reasoning.
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Types of Regression Analyses
There are two major types of regression analysis—simple and multiple regression analysis. Both types consist of dependent and independent variables. Simple linear regression has two variables—dependent and independent. Multiple regression consists of dependent variable and two or more independent variables.
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Justify your answers using examples and reasoning.
In a bivariate regression, which variable is the dependent variable and which one is theindependent variable?Bivariate regression is the simplest form of regression with one dependent variable.Get
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