When teaching cost behavior in a managerial or cost accounting course, we explain that there are various methods a company can use to estimate its fixed and variable costs, including regression ...

1. An analysis of variance (ANOVA) or other linear models of the residuals of a simple linear regression is being increasingly used in ecology to compare two or more groups.

But there is a useful procedure, known as stepwise regression, which can aid you in the development of your model. In a “forward” stepwise regression analysis, the computer will begin by examining ...

Below is an example for unknown nonlinear relationship between age and log wage and some different types of parametric and nonparametric regression lines. One can see that nonparametric regressions ...

Predicting the Future The most common use of regression in business is to predict events that have yet to occur. Demand analysis, for example, predicts how many units consumers will purchase.

Based on an empirical influence function, we discuss methodologies for assessing the influence of individual or groups of cases on a regression problem. We conclude with an example using data from the ...

Using advanced techniques to make better predictions can help you stand out. Here's a step-by-step guide to learning how to do a regression analysis.