SIMPLE REGRESSION


Meaning of SIMPLE REGRESSION in English

a model that choose only one independent variable and study the effect of that single variable on a dependent variable

Note: a simple regression model includes only two variables: one independent and one dependent; as opposed to multiple regression which has one dependent variable but two or more independent variables

eg: Sean wish to estimate the amount of change in the price of a property due to a certain change in the environment of the plot upon which the property is built, he can use the regression model.

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.