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2 cards from this section. Quick, good the night before a test.
What is regression used for?
Think about prediction in various fields.
Define dependent variable in regression analysis.
What are we trying to find out in a regression?
What does regression help us to predict?
Think about the type of data we often analyze.
True or False: The independent variable is the one we are trying to predict.
What role does each variable play?
How would you use regression to analyze the impact of education level on salary in a city? Define your dependent and independent variables.
What do you think market trends would reveal?
Suppose a dataset includes temperature data for different cities over several years. Formulate a regression analysis to predict future temperatures.
Focus on what kind of data influences future conditions.
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