Q. 7 - Elementary Statistics

Question

7. Identify one use of a regression equation.

Step-by-Step Solution

Answer

Regression equation is used for predict the values.

Step 1: Concept Introduction

In statistics, regression equations are used to identify if there is any correlation between sets of data. For example, you might observe that a child grows approximately 3 inches each year when you measure his or her height.

Step 2: Explanation

Recall that the regression equation aims to predict the values of the predicted variable. This predicted variable is outside the observed values. This is how the regression equation makes predictions.