Explain a linear regression analysis, Other Management

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Explain a linear regression analysis

Problem: Explain a linear regression analysis. (For example: What is it? When and how do we use it? What are the terms used (dependent/independent variables, error terms)? How does an equation look like? How do we interpret the coefficients? What are the residuals and how do we use residual plots?) USE YOUR OWN WORDS.

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Other Management: Explain a linear regression analysis

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