Definitions for

**"regression equation"**A statistical technique used to explain or predict the behavior of a dependent...

The equation of the regression function. It may be of any functional form and the terms may be orthogonal or not.

Description of the â€œbest fitâ€ summary of the relationship between pairs (or more complex sets) or data. Like the mean, the regression line does not describe actual data (except in trivial cases); the regression equation is convenient summary. It is constructed as the line that minimizes the sum of differences between each point and the regression line in a scattergram. In the most common, straight line or linear case, the point estimate of the mean is replaces by a â€œrunningâ€ point with the formula y = c + b * x, where y is the dependent or predicted value in each pair of observations and x is the independent or predictor value in each pair. C in this equation is called the intercept and a is the slope of the regression line. [See intercept, prediction, residual, slope, standard error

rising bottoms RSI