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Regression equation

A statistical technique used to explain or predict the behavior of a Dependent variable. Generally, a Regression equation takes the form of Y=a+bx+c, where Y is the Dependent variable that the equation tries to predict, X is the independent variable that is being used to predict Y, a is the Y-intercept of the line, and c is a value called the regression residual. The values of a and b are selected so that the square of the regression residuals is minimized.

Related Terms: 4 Call, Dependent, Regression equation, Rally
Other Related Pages: Category: Technical_Analysis Starting With: R
Additional Related Terms: 10-Q, 10-K, Accounting equation, Allowance for depreciation, Accreted value, Accrual of discount, Amortization of premium, Amortized value, At par, All or any part