Explanation of Regression Formula

12manage is looking for students. Info

Regression Analysis
Knowledge Center


Next Topic

Regression Analysis > Forum > Explanation of Regression Formula

Explanation of Regression Formula
Henry Lozada, Professor, Puerto Rico, Member
The regression formula is:
Y = B0 + B1X or: Dependent variable = constant + B1independent variable

B1= for each change of the independent variable (X), it will increase or decrease the dependent variable (Y)
Rule of thumb:
T > 2 significant slope
T < 2 not significant slope
Ho: B0 = 0 there is no relationship
Ha: B0 =/= there is a relationship
R square (R2) = explains the % of dependent variable Y, is explained by the variability of the variable independent X
I will recomend to use SPSS. It provides the factor that you need to resolve your necesity. You need historical information of your financial statement / accounting (sales, cost, and other information)
I hope the information will help others.

Special Interest Group Leader

Interested? Sign up for free.

Regression Analysis
Best Practices

    Regression Analysis
    Knowledge Center


    Next Topic

    About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
    2019 12manage - The Executive Fast Track. V15.1 - Last updated: 22-9-2019. All names of their owners.