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What is a regression equation? What does it do? Provide an example of how the regression...

What is a regression equation? What does it do? Provide an example of how the regression equation could be used.

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Answer #1

The regression equation is used to find the relationship between the sets of information or data.it is mostly used in statistics. For example: if a doctor measures hight of children every year. He may find that children grow 3 inches per year. With help of regression equation, this trend can be successfully modelled.

The main function of the regression equation is that it helps us to predict the future events.

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