Regression Equation: Understanding its Purpose and Function

The Importance of Regression Equations

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What does a regression equation do?

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A. B. C. D. E.

E

The dependent variable is the variable Y which is being predicted by the X variable, the independent variable. The regression is written as Y' = a + bX. The letter

"a" is the Y intercept and b is the slope of the line. Y' is the predicted value of Y given a specific value of X.