Multiple Regression models examine the linear relationship between 1 dependent (y) and 2 or more independent variables (xi) the best fit equation, y, is found by minimizing the sum of squared errors, S e2. A Multiple Regression model can be used to evaluate the influence of variables such as price and advertising on Pie sales.
Multiple Regression models examine the linear relationship between 1 dependent (y) and 2 or more independent variables (xi) the best fit equation, y, is found by minimizing the sum of square…