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Linear Regression

In: Introductory Statistics for Business and Economics

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  • Jan Ubøe

    (Norwegian School of Economics)

Abstract

When we make observations, we often encounter cases where the size of observations appears to change in some systematic way. One possible cause for this is that we have done the observations over a period of time, and as time passes the distribution of values may change. To determine if such changes are random or systematic, we can use linear regression. Linear regression is a widely used technique that has a lot to offer, in particular since we are often able to quantify systematic changes.

Suggested Citation

  • Jan Ubøe, 2017. "Linear Regression," Springer Texts in Business and Economics, in: Introductory Statistics for Business and Economics, chapter 11, pages 245-314, Springer.
    • Handle: RePEc:spr:sptchp:978-3-319-70936-9_11
    DOI: 10.1007/978-3-319-70936-9_11
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