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What benefit does a variable provide when developing and

Discussion: Regression Models

Answer the following questions in 1 to 2 pages

1. What benefit does a variable provide when developing and examining models?

2. Explain the purpose of simple linear regression and scatter diagrams. Please provide a simple linear regression model and define each variable used.

3. Describe multiple regression analysis and discuss potential uses for this model.

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Applied Statistics: What benefit does a variable provide when developing and

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