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Below is an example screenshot illustrating 12 months of cost data for a restaurant. To perform a simple linear regression to estimate the restaurant’s fixed and variable costs, perform the following ...
Simple linear regression is commonly used in forecasting and financial analysis—for a company to tell how a change in the GDP could affect sales, for example. Microsoft Excel and other software ...
Linear Regression vs. Multiple Regression Example Consider an analyst who wishes to establish a relationship between the daily change in a company's stock prices and daily changes in trading volume.