regression (redirected from regressions)

Regression

A mathematical technique used to explain and/or predict. The general form is Y = a + bX + u, where Y is the variable that we are trying to predict; X is the variable that we are using to predict Y, a is the intercept; b is the slope, and u is the regression residual. The a and b are chosen in a way to minimize the squared sum of the residuals. The ability to fit or explain is measured by the R-square.

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regression

(1) A statistical technique for creating a mathematical equation to explain the relationship between known variables so that the model can be used to predict other variables when one has insufficient data. Multiple regression analysis is the basis of computerized automatic valuation models (AVM) employed instead of appraisals by many mortgage lenders. (2) An appraisal principle that if properties of relatively unequal value are located near each other, the one with the lower value will depress the value of the other. (3) A withdrawal of the sea from the land due to an uplift of the land or a drop in sea level.