Business forecasting is essential for the survival for companies of all sizes. The building block used by forecasters is historical data or the past performance of the business to predict future ...

Taken from Introduction to Econometrics from Stock and Watson, 2003, p. 215: Y=B0 + B1*ln(X) + u ~ A 1% change in X is associated with a change in Y of 0.01*B1 ln(Y)=B0 + B1*X + u ~ A change in X by ...

Beside the model, the other input into a regression analysis is some relevant sample data, consisting of the observed values of the dependent and explanatory variables for a sample of members of the ...

Logistic regression is a powerful statistical method that is used to model the probability that a set of explanatory (independent or predictor) variables predict data in an outcome (dependent or ...