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Multiple Linear Regression: Multiple linear regression describes the correlation between two or more independent variables and a dependent variable, also using a straight regression line.
Linear Regression vs. Multiple Regression Example Consider an analyst who wishes to establish a relationship between the daily change in a company's stock prices and daily changes in trading volume .
R 2 is a statistical measure of the goodness of fit of a linear regression model (from 0.00 to 1.00), also known as the coefficient of determination. In general, the higher the R 2 , the better ...