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Research Article Open access CC BY 4.0

A Brief Introduction to Regression Analysis and Its Types

Muhajir Sial

Asian Journal of Probability and Statistics · pp. 58–63 · Published 19 Jul 2021

10.9734/ajpas/2021/v13i430316

Abstract

This article may be used for research, teaching, and private study purposes. In this study, I focused on regression analysis and with a special focus on types of regression analysis and some types of regression. The term regression is used to indicate the estimation or prediction of the average value of one variable for a specified value of another variable. And Regression Analysis is a statistical tool used to estimate the relationship between a dependent variable and an independent variable. For example, if a Manger of a firm wants to the exact relationship between advertisement expenditure and sales for future planning then the regression technique will be most suitable for him.

Regression types of regression

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