📚 node [[regresion analysis in economics]]

Regression Analysis Methods

Go back to the [[Econometrics Main Page]]

y = ax + b

dependent variable 'y' = ax + independent variable b

How long to take to get to a place 'y'

  • a) how fast we're travelling
  • x) number of hours it takes us
  • b) where we start from

Simple #regression (one variable - straight line)

A few data points

Multiple #regression (many variables - curved line)

Plethora of data points

📖 stoas
⥱ context