Published: 01.28.2022


Regression Analysis

Regression analysis is a mathematical method of mapping out independent and dependent variables from data to determine which independent variables have an impact on the dependent variable. A dependent variable is what you are ultimately trying to understand such as monthly sales revenue, for example. By plotting independent variables that might have an effect on the dependent variables such as weather, promotion cycles or even Tik Tok trends, a mathematical equation can help businesses explain something they want to understand and even predict future trends.