Welcome to Live Chat

Welcome to LiveWebTutors Services, World's leading Academic solutions provider with Millions of Happy Students.

Call Back
logo

24x7 Support Available

To Get the Best Price Chat With Our Experts

chat now

In A Hurry? Get A Callback

icon
Table of Content

REGRESSION ANALYSIS


The process of determining the relationships among the dependent and independent variable is known as regression analysis. It is a statistical tool which measures the process for example the effect of increase of the price on demand.

TYPES OF REGRESSION ANALYSIS

Simple regression

Multiple regression

Simple regression–Simple regression refers to that regression analysis where analysis is done with only one single variable. During this regression one suggests the relationships between the variables of interest for example education and money. If a person is highly educated then in casual terms the person will earn more and more money but if the person is less educated, then he or she will earn at equal terms.

Multiple regressions – Multiple regression refers to that regression analysis where analysis is done with multiple influences on a dependent variable. It invites various factors to enter in the process so that each factor is judged separately on very common basis. For example in the above given example experience is an independent variable in the field of education. Some people have long term experience, so they gain more money in comparison to the people who have less experience and try hard to achieve their target. Sometimes experience gives birth to knowledge. A person with high experience can have less knowledge in comparison to the person having less experience and more knowledge. These are multiple factors in an independent variable of experience.


REGRESSION MODELS

Regression models are made in those situations where one variable is extracted with the information given for one or more than one variable. It declares the predictions for the past, present and future with the past and present events. It is economical in terms of time and money.. It should be noted that these models don’t make the decisions of the people but tend to provide the opportunities and options for the choice. In order to use them wisely, one should understand that how they home work. Here is an example for the use of regression models.

Taking admission in a college – A student of class XII decides to take admission in Oxford University in London with 90% marks. As he reads the criteria of the university on the internet he gets an idea that he is scoring at least 3% less for the desired course. He then takes a look at the other courses related to that particular field. He visualises that they are quite far away in terms of his interest. Then he switches to the other Universities in London which are providing the same course but he is not satisfied. When he visualises the Universities in America he gets an idea that he can give an entrance test with the attained marks. He also visualises the Indian universities but in the last he decides that he will start a diploma course with giving an improvement exam and then take the admission in Oxford University in London.

Our Amazing Features
  • On Time Delivery

    There is no deadline that can stop our writers from delivering quality assignments to the students.

  • Plagiarism Free Work

    Get authentic and unique assignments by using our 100% plagiarism-free services.

  • 24 X 7 Live Help

    The experienced team of Live web tutors has got your back at all times of the day. Get connected with our customer support executives to receive instant and live solutions for your assignment problems.

  • Services For All Subjects

    We can build quality assignments in the subjects you're passionate about. Be it Engineering and Literature or Law and Marketing we have an expert writer for all.

  • Best Price Guarantee

    Get premium service at a pocket-friendly rate. At live web tutors, we understand the tight budget of students and thus offer our services at highly affordable prices.

live review Our Mission Client Satisfaction
  • I ordered my HRM assignment from this platform. The solution helped me to pass my assessment with flying colors. Well done! Keep up the good work.

    27 Oct 2020

    Arnisa

  • Recently, I ordered my history case study from this platform. The professionals did great work with the content. I am yet to be graded for it but as far as I reviewed the text I am definitely impressed with the quality provided to me at this price. Thank you for your support.

    27 Oct 2020

    Tammy

  • I got good grades with my nursing assignment, all thanks to the experts of this platform. My writing skills are not that great hence the experts of this portal helped me to pass my program with good grades.

    27 Oct 2020

    Sidorela

  • I ordered my English assignment from this platform. The service was very quick and impressive. The customer support executives were very polite and helpful. I am grateful for their assistance.

    27 Oct 2020

    Jenny

  • Overall, it was a pleasant experience. I ordered my management thesis from this platform. The experts did thorough and detailed work on my assignment. All my instructions were implemented precisely.

    27 Oct 2020

    Fiona

View All Review